Zendesk Stock News

Zendesk now has to prove to investors that it can keep up its improving growth rates while defending its gross margins. And it has to avoid getting acquired while it does so.

Activist investor Jana Partners asked Zendesk Inc (NYSE: ZEN ) to institute significant board changes or a sale following the failed bid for SurveyMonkey parent Momentive Global Inc (NASDAQ: MNTV ). Jana claimed that Zendesk''s board received the lowest level of deal-related shareholder support in the last 20 years for its Full story available on Benzinga.com

Zendesk (ZEN) rose 1.6% as activist holder Jana Partners called for the company to either institute significant board change or a sale of the company following the failed bid…

Merger activity remained steady with five new deals announced, four deals completed and one deal terminated. Two of the five new deals announced were potential deals in the works. TEGNA Inc. (NYSE: TG

The agreement was terminated after the customer-service platform’s shareholders rejected the deal at a stockholder meeting.

Holders of Momentive Global, Survey Monkey''s parent, agreed to the deal but Zendesk holders voted against it.

Zendesk announced today that it was walking away from the proposed $4.1 billion deal to buy Momentive , the owners of SurveyMonkey after stockholders rejected the deal. The…

Zendesk announced today that it was walking away from the proposed $4.1 billion deal to buy Momentive, the owners of SurveyMonkey after stockholders rejected the deal. The announcement comes just two weeks after the company spurned a $17 billion takeover offer by private equity firms. Officially the company announced it this way: “Zendesk, Inc. (NYSE: […]

Zendesk Inc shareholders on Friday rejected its $4 billion takeover of web-survey company SurveyMonkey''s parent Momentive Global Inc. Momentive said its merger agreement with Zendesk has terminated.Zendesk proposed to buy Momentive in October in an all-stock deal, which drew opposition shortly afte

Zendesk (ZEN) said it terminated its agreement to purchase SurveyMonkey parent Momentive Global (MNTV) after failing to get enough support from Zendesk holders at a vote today

Zendesk announced today that it was walking away from the proposed $4.1 billion deal to buy Momentive, the owners of SurveyMonkey after stockholders rejected the deal. The announcement comes just two

Zendesk Inc. said late Friday it has officially called off its plan to acquire SurveyMonkey parent Momentive Global Inc. after it failed to garner enough shareholder support.

Adobe (ADBE) is not interested in a potential acquisition of Zendesk (ZEN), according to CNBC''s David Faber. While there has been some speculation that Adobe (ADBE) could be interested,…

NEW YORK , Feb. 25, 2022 /PRNewswire/ -- JANA Partners LLC today released the following statement regarding Zendesk (NYSE: ZEN ) following press reports indicating Zendesk shareholders are expected to reject the proposed acquisition of Momentive (NASDAQ: MNTV ) (formerly SurveyMonkey): We believe a rejection of the proposed Momentive acquisition would be a huge win for Zendesk shareholders, a repudiation of Zendesk''s board, and a strong indication that Zendesk either requires significant board change or should be sold. We believe that the misalignment between Zendesk''s board and its shareholders has never been more evident. The proposed Momentive acquisition was met by a significant decline in Zendesk''s stock and widespread censure from Zendesk shareholders and analysts since the day of its announcement. Nevertheless, Zendesk''s board elected to use the company''s full resources to pursue this acquisition as its top strategic priority for the past four months. In the process, Zendesk''s board burned tens of millions of dollars of shareholder capital pursuing Momentive, eroded the company''s own credibility, and distracted the company from its …