Figma will receive a $1 billion fee.
  • simpleEnglish
    160·
    10 months ago

    Awesome news. Bless the regulators fighting back.

    As a result of the termination, Adobe will be required to pay Figma a reverse termination fee of $1 billion in cash.

    This does bring a smile to my face. Maybe companies will actually stop trying to mass acquire everything when there are risks involved.

    • LifeInMultipleChoiceEnglish
      20·
      10 months ago

      Or just write contracts that put the fall through on the smaller company that fails acquisition. (Seems more likely) Sucks, but many business acts do now