Brightcove to Be Taken Private by Bending Spoons in $233 Million Deal; Shares Jump

MT Newswires Live

2024/11/25

Brightcove (BCOV) said Monday it signed a definitive agreement to be acquired by Bending Spoons for $233 million in cash, or $4.45 per share.

The transaction is expected to close during the first half of 2025, after which Brightcove will become a privately held company, it said.

Brightcove shares were 35% higher in premarket trading.

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