Zoom's stock drop likely nixed Five9 deal, say analysts

Zoom's stock drop likely nixed Five9 deal, say analysts

3 years ago
Anonymous $WHrWmjSJBZ

https://www.reuters.com/article/five9-m-a-zoom-video-commn-research/zooms-stock-drop-likely-nixed-five9-deal-say-analysts-idUSKBN2GR3JB

A slump in Zoom Video Communications Inc's share price likely limited its ability to sweeten a nearly $15 billion all-stock offer for call center software firm Five9 and led to the deal's collapse, Wall Street analysts said on Friday.

Zoom's stock drop likely nixed Five9 deal, say analysts

Oct 1, 2021, 11:42am UTC
https://www.reuters.com/article/five9-m-a-zoom-video-commn-research/zooms-stock-drop-likely-nixed-five9-deal-say-analysts-idUSKBN2GR3JB >A slump in Zoom Video Communications Inc's share price likely limited its ability to sweeten a nearly $15 billion all-stock offer for call center software firm Five9 and led to the deal's collapse, Wall Street analysts said on Friday.