Adobe Stock Rises After Abandoning $20B Deal to Buy Figma, Citing Regulatory Hurdles
Adobe (ADBE) shares climbed 1.8% in early trading Monday after the company announced it was calling off its $20 billion acquisition of Figma, a web-first collaborative design platform, due to regul...
Adobe terminates $20 billion Figma deal
CNBC's Deirdre Bosa reports on the latest news with Adobe and Figma.
Adobe, Figma call off $20B deal over regulatory concerns
Adobe (ADBE) is scrapping its $20 billion acquisition of Figma over concerns the deal wouldn't get the needed regulatory approvals. In a joint statement, the two companies say the deal was terminat...
Photoshop-maker Adobe scraps rival buyout after EU, UK pushback
Photoshop giant Adobe has scrapped its plans to buy up software company Figma after encountering opposition to the deal by regulators in the EU and Britain, the company said on Monday.
Adobe Terminates $20 Billion Deal For Figma—Both Firms Say There's ‘No Clear Path' For Regulator Approval
Adobe will terminate its $20 billion deal to acquire the software company Figma, after both companies indicated there is “no clear path” for approval from antitrust regulators in the European Union...
Adobe just gave up on its plans of buying Figma
Adobe Inc (NASDAQ: ADBE) opened in the green this morning after giving up on its pursuit of buying Figma for $20 billion.
ADBE Stock Alert: Adobe and Figma Terminate Merger Agreement
Adobe (NASDAQ: ADBE ) stock is in the news Monday as investors react to the company no longer moving forward with merger plans with Figma. According to a press release from Adobe, the two companies...
Adobe and Figma terminate $20 billion merger agreement
CNBC's Becky Quick reports on news from Adobe and Figma.
Adobe ditches Figma takeover due to regulatory impasse
Adobe Inc (NASDAQ:ADBE) and Figma have jointly announced the termination of their planned $20 billion (£16 billion) merger after failing to strike a deal with British and European regulators. Both ...
Adobe and Figma call off $20 billion merger
Adobe and Figma, the cloud-based design tool, will terminate their planned $20 billion merger in light of regulatory hurdles, the companies said Monday.
Adobe to terminate $20 billion deal to buy Figma
Shares of Adobe Inc. ADBE, +0.01% climbed 1.9% in premarket trading Monday after the software company and design tools maker Figma said they have agreed to terminate the $20 billion merger agreemen...
Adobe's (ADBE) $20 billion Figma acquisition is in limbo
Adobe (NASDAQ: ADBE), the $266 billion design and marketing company's acquisition of Figma, is under increased regulatory scrutiny. As the transaction delays, there are serious doubts about whether...
Better Cloud Stock: Adobe vs. Salesforce
Adobe and Salesforce stocks have both pulled back from their all-time highs. Adobe is grappling with slower growth and regulatory challenges.
Where Will Adobe Stock Be in 1 Year?
Adobe's Q4 earnings surpassed analysts' expectations. But its guidance for fiscal 2024 was weak and it disclosed an FTC investigation.
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