Adobe's $20 Billion Offer Is 'Too Good to Refuse' for Figma

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Hi, it’s Katie and Kamaron in New York. Today, we’re taking a closer look at a record-breaking software deal and rounding up a busy week of dealmaker gatherings in NYC. Elsewhere, there’s the latest on the flurry of football takeovers in Europe.

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It’s going to be a bumper edition of the Deals newsletter today and we wanted to start with a few words on our scoop that Adobe is buying Figma, which will be the largest-ever takeover of a private software company.