Bending Spoons agreed to acquire Airtable, a private software company, in a deal described by market commentators as part of a recent “SaaSpocalypse” wave of transactions. T. Rowe Price Group, listed as NasdaqGS:TROW, invested in Airtable during earlier funding rounds, which leaves its funds exposed to the terms of this sale. The deal reportedly led to substantial losses for several Airtable investors, although the specific impact on T. Rowe Price has not been detailed. T. Rowe Price Group...
stock
Be The Investor Research
Read Original Source (Finance)
T. Rowe Price (TROW) Faces Fresh Questions After Airtable Sale
Bending Spoons agreed to acquire Airtable, a private software company, in a deal described by market commentators as part of a recent “SaaSpocalypse” wave of transactions. T. Rowe Price Group, listed as NasdaqGS:TROW, invested in Airtable during earlier funding rounds, which leaves its funds exposed to the terms of thi