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Five9 Inc

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News about Five9 Inc

Proxy advisor ISS seeks vote against Zoom-Five9 deal on growth doubts

Proxy advisory firm Institutional Shareholder Services on Friday recommended a vote by shareholders against Zoom Video Communications Inc's $14.7 billion deal for cloud-based call center operator Five9 Inc, citing growth concerns. Though the combined company will have access to a larger market, ISS said, "The all-stock deal exposes Five9 shareholders to a more volatile stock whose growth prospects have become less compelling as society inches towards a post-pandemic environment." Since the deal was announced on July 18, Zoom shares have lost more than 20% of their value, while Five9 has dipped about 5%.

Fri, 17 Sep 2021 14:05:44 +0000Read more

ISS Tells Five9 Investors to Reject Zoom’s $14.7 Billion Offer

(Bloomberg) -- Investors should reject Zoom Video Communications Inc.’s planned purchase of Five9 Inc., according to influential advisory firm Institutional Shareholder Services Inc. Zoom’s offer to acquire Five9, valued at $14.7 billion when it was announced, exposes the software maker’s shareholders to “a more volatile stock whose growth prospects have become less compelling as society inches towards a post-pandemic environment,” ISS said in a note published Friday.The all-stock deal, announce

Fri, 17 Sep 2021 13:15:27 +0000Read more

Zoom Video Stock Gains on Report ISS Urges Five9 Holders to Reject Takeover Bid

CNBC's David Faber said Friday that ISS will recommend that Five9 shareholders reject Zoom's all-stock takeover bid.

Fri, 17 Sep 2021 09:59:00 +0000Read more

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates SBKK, CLDB, FVCB, FIVN; Shareholders are Encouraged to Contact the Firm

Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

Fri, 17 Sep 2021 06:30:00 +0000Read more

SHAREHOLDER ALERT: WeissLaw LLP Reminds SC, GPX, WBT, and FIVN Shareholders About Its Ongoing Investigations

If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact:

Wed, 15 Sep 2021 19:45:00 +0000Read more

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