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Home Social Networks WeChat

Vimeo to Get $10 Billion Valuation in Market Debut Next Week

Wechat Editor by Wechat Editor
May 21, 2021
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Vimeo shares will debut next week with a valuation above $10 billion. The provider of cloud-based video tools has long been controlled by the internet holding company IAC (ticker: IAC). But next week, IAC is distributing all of its Vimeo shares to current IAC shareholders. IAC holders will receive 1.6235 Vimeo shares for each IAC share they…
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