<ul><li>Work management software provider Smartsheet is set to be acquired by Blackstone and Vista Equity Partners in an $8.4 billion deal.</li><li>Investors of Smartsheet will receive $56.5 in cash per share, a 41% premium to the stock price.</li><li>Smartsheet's platform is used by over 13 million professionals for project management and coordination.</li><li>The acquisition allows Smartsheet to go private by February if there are no higher bids during the 45-day go-shop period.</li></ul>

Work management software provider Smartsheet to be taken private in $8.4B deal

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