Vimeo, Inc. is moving forward with its previously announced transaction involving Bending Spoons US Inc. and Bending Spoons S.p.A. Under the agreement, Bloomberg Merger Sub Inc., a wholly owned subsidiary of Bending Spoons US, will merge with and into Vimeo, with Vimeo continuing as a wholly owned subsidiary of Bending Spoons US. The waiting period for the transaction has expired, and the deal remains subject to additional closing conditions, including approval by Vimeo stockholders.
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