BUZZ-Smartsheet climbs after Reuters reports Vista, Blackstone nearing $8 bln deal

Reuters

2024/09/17

** Shares of collaboration software maker Smartsheet

climb 2.1% to $53.27

** Vista Equity Partners and Blackstone in advanced talks to acquire SMAR in a deal that could value it at close to $8 bln, Reuters reports

** Private equity firms mulling an offer of around $56/shr, report says

** YTD as of last close, stock has gained 9.2%

(Reporting by Niket Nishant in Bengaluru)

((Niket.Nishant@thomsonreuters.com))

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