ZEN Stock Recent News

Zendesk (ZEN) delivered earnings and revenue surprises of 27.27% and 0.81%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

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.