ZEN Stock Recent News

SAN FRANCISCO--(BUSINESS WIRE)--Zendesk, Inc. (NYSE: ZEN) today announced that it will release financial results for the second fiscal quarter ending June 30, 2022 following the close of the U.S. markets on Thursday, July 28, 2022. As a result of the previously announced definitive merger agreement under which an investor group led by Hellman & Friedman and Permira will acquire all outstanding shares of Zendesk common stock in an all-cash transaction, Zendesk will not conduct an earnings co

Zendesk stock will be acquired for $77.50 per share. The company had previously rejected an offer of around $127 per share.

$77.50 is as bad as it could (likely) get. That is a safe 11% IRR from here.

Shares of Zendesk Inc (NYSE: ZEN) opened nearly 30% up on Friday after an investor group led by Permira and Hellman & Friedman (H&F) said it will buy the SaaS company for a significant premium. Zendesk shareholders to get a 35% premium The group, that also includes GIC and the Abu Dhabi Investment Authority, is […] The post Zendesk shares are up 30% on Friday: what's fuelling the stock?

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The SaaS company is being acquired for $10.2 billion.

Zendesk Inc (NYSE:ZEN) stock is soaring this morning, up 29.2% to trade at $74.88 at last glance, after news that a group of private equity firms including Permira and Hellman & Friedman, will acquire the company in a $10.2 billion deal that will take Zendesk private.

# Yahoo Finance Live anchors discuss the possible acquisition of Zendesk.

Markets push higher today and are on track for their first positive week this month.

Institutional investors are seeing some bottom-fishing opportunities.