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Permira completes its $7.2B acquisition of Squarespace
- London-based investment firm Permira has completed its acquisition of Squarespace Inc. in a $7.2 billion deal.
- Squarespace operates a cloud platform for website hosting and design without coding.
- The deal faced opposition but was eventually accepted by investors.
- Squarespace founder Anthony Casalena will continue to lead the company.
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