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...The deal originally implied a 13 per cent premium to Five9’s then-share price. Zoom’s subsequent market valuation decline means Five9 would have sold itself at a 15 per cent discount....
...chief executive of Five9....
...Plans to buy call centre software maker Five9 for $15bn were stymied by shareholders. Undeterred, Zoom is pressing ahead with its own tools....
...Zoom and Five9 abandon $14.7bn deal Zoom Video Communications’ bid to buy the cloud software provider has collapsed only weeks after the US Department of Justice raised national security concerns over the...
...While Zoom is paying only a 13 per cent premium over Five9’s closing price on Friday, the deal values Five9 at 26 times forward sales....
...San Ramon, California-based Five9 declined to comment. Zoom’s deal to buy Five9, announced in July, would mark the company’s first major acquisition....
...The all-stock transaction values Five9 shares at $200.28 with shareholders in the company set to receive 0.5533 shares of Zoom class A common stock. Shares in Five9 closed at $177.60 on Friday....
...In mid July, Zoom also decided to expand with the $14.7bn purchase of call centre software maker Five9, paying a modest 13 per cent premium....
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