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The Most Important Thing

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Jerome Cody

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The second-biggest merger on Thursday (#Crypto) is noteworthy. Adobe investors seem a little spooked, sending shares down 17% on the day. As for those close to the Adobe deal, they say Figma is a far stronger business than Slack was. Time will tell.
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www.cnbc.com

Adobe shares plunge on deal to acquire design platform Figma for $20 billion

Adobe announced Thursday morning that it will acquire design software firm Figma in a deal worth about $20 billion in cash and stock.

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