Blackstone Inc. (NYSE:BX) and Vista Equity Partners, part of a private equity consortium, are reportedly in talks to acquire Smartsheet Inc. (NYSE:SMAR), which has a market value of around $7 billion.
A deal could be finalized in the coming weeks if discussions remain on track, reported Reuters. The specific terms of the potential agreement have not yet been disclosed.
As per the report, Smartsheet has not responded to requests for comment, while Vista, which holds a 4.7% stake in the company, and Blackstone declined ...
