Zendesk Board Rejects Unsolicited Non-Binding Acquisition Proposal From Consortium of Private Equity Firms

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Feb 10, 2022

Zendesk, Inc. (NYSE: ZEN) today confirmed that its Board of Directors received, thoroughly reviewed and rejected an unsolicited, non-binding proposal from a consortium of private equity firms to acquire all of Zendesk’s outstanding shares in an all-cash transaction valued at $127-$132 per share.