House to buy Squarespace for $2.5 billion

Squarespaces founder Joe Gebbia is closing a deal to buy the company for $1.6 billion.The deal, announced Friday, is the biggest acquisition of a new company in the company’s history.Squarespaced is based in Seattle.The deal includes a $2 billion cash payment, according to a statement from the company.The company’s stock closed at $0.70 on Friday.Gebbi

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