Adobe Abandons $20 Billion Bid for Figma, Citing Regulatory Opposition to Deal ...Middle East

Adobe called off plans to buy Figma, a web-based collaborative design platform, citing regulatory opposition to the proposed $20 billion deal. Adobe and Figma on Monday said they mutually agreed to terminate their merger agreement, originally announced Sept. 15, 2022. “Although both companies continue to believe in the merits and procompetitive benefits of the combination, […]

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