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Briefing
enterprise

Zendesk Shareholders Vote Overwhelmingly Against Momentive Deal

By
Martin Peers
· · Source: The Information

Shareholders of Zendesk voted by a margin of 10 to one against the enterprise software firm’s proposed $4 billion acquisition of Momentive Global, the company known once as SurveyMonkey. The vote followed intense opposition from shareholders and advice from some shareholder advisory groups against the deal. One big institutional holder, Janus Henderson, had said it was “gravely concerned about...

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