Five9 CEO says shareholders rejected Zoom acquisition because the offer 'wasn't going to cut it' - NewsBreak
By Vikash in Business
Updated 3 years ago
Five9 shareholders rejected Zoom's acquisition because the offer did not appropriately value the cloud contact center software company, Five9's chief executive said. The all-stock agreement worth $14.7 billion would have been one of the largest tech deals of the year. Zoom's stock has struggled this year, down more than 50%...