Deals
Vimeo Draws Interest From App Developer Bending Spoons
- Bending Spoons speaking with banks about financing a deal
- Vimeo shares rises up to 9.2%, then fall in trading Tuesday
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Bending Spoons SpA, one of Europe’s largest mobile app developers, is considering a potential acquisition of video hosting platform Vimeo Inc., according to people familiar with the matter.
Milan-based Bending Spoons has been speaking with banks about financing the potential transaction, the people said, asking not to be identified because the information is private.