Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Momentive

SpaceX Starlink's New In-Flight Connectivity Service, Amazon's NY Workers Reject Union, Celsius Network Faces Several Federal Investigations: Top Stories Wednesday, Oct. 19

Reuters US Lawmakers Plan Hearing On Kroger, Albertsons' $25B Merger

Merger Arbitrage Mondays - Zendesk To Be Acquired By Permira and Hellman & Friedman

Merger Arbitrage Mondays - Zendesk To Be Acquired By Permira and Hellman & Friedman

Editor's Note: Starting next month, we will be rolling the Merger Arbitrage Mondays series into our paid subscription services, Inside Arbitrage Plus and Inside Arbitrage Premium. The more affordable Plus service focuses on content including a monthly special situations newsletter, a model portfolio and mid-month updates. The Premium service includes both…

Here's Why Zendesk Shares Are Trading Higher Today

Here's Why Zendesk Shares Are Trading Higher Today

Zendesk, Inc (NYSE:ZEN) has almost reached a deal with a group of buyout firms, including Hellman & Friedman LLC and Permira, the Wall Street Journal reports. Zendesk, with a market value of ~$7 billion, was likely to strike a settlement agreement with activist investor Jana Partners LLC days after it declined to…

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Zendesk Explores Settlement Discussions With Activist Investor Jana Partners

Customer engagement software solutions portfolio provider Zendesk, Inc (NYSE:ZEN) is exploring settlement options with activist investor Jana Partners LLC, days after the software company failed to divest itself, the Wall Street Journal reports. The truce could call for the exit of CEO Mikkel Svane and director Carl Bass. Bass, the former CEO of Autodesk Inc (NASDAQ:ADSK),…

Will Zendesk Continue to Outperform in 2022?

Customer service software company Zendesk Inc. (ZEN) has been making efforts to expand its operations. However, given its poor profitability and premium valuation, is it worth betting on its stock now? Let's discuss.

Why Are Zendesk Shares Trading Higher Today

Software company Zendesk Inc (NYSE:ZEN), which became a takeover target during a failed purchase of SurveyMonkey parent Momentive Global Inc (NASDAQ:MNTV), is exploring a potential sale, Bloomberg reports. Zendesk rejected an acquisition offer from a consortium of private equity firms for as much as $16 billion, Reuters reports. Zendesk nixed the Momentive takeover after shareholders in both software companies questioned…

Axios-Momentive poll: Young people are the biggest "techno-optimists"

Young people are the leading the way on crypto and other tech.

inkl

Read news from The Economist, FT, and more,
with one subscription

Jana Seeks Board Changes Or Sale For Zendesk

Jana Seeks Board Changes Or Sale For Zendesk

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 planned acquisition of Momentive. "This unprecedented rejection of the board's most consequential…

Here's Why Momentive Shares Are Trading Higher Today

Here's Why Momentive Shares Are Trading Higher Today

Momentive Global Inc (NASDAQ:MNTV) reported fourth-quarter FY21 revenue growth of 16% year-on-year to $117.3 million, missing the consensus of $120.9 million. Enterprise sales revenue was $40.0 million, an increase of 34% Y/Y. Self-serve revenue was $77.4 million, an increase of 9% Y/Y. Paying users totaled 888,700, an increase of 8% Y/Y. The average…

People

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Organisations

Wall Street Journal

Amazon.com Inc.

Spirit Airlines

inkl

Read news from The Economist, FT, and more,
with one subscription

Places

264,904 stories

110,317 stories

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play