Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Zendesk Stock Skyrocketed Today

TheMotleyFool

0 0

Shares of Zendesk (NYSE: ZEN) were soaring Friday morning after the company announced that it would be acquired by an investment group. Once the deal closes, it once again will be a privately held company.

The software-as-a-service company was up by 29% as of 9:44 a.m. ET.

Zendesk said in a press release Friday morning that it had entered into a definitive agreement to be purchased by the global investment firms Permira and Hellman & Friedman in an all-cash deal valued at about $10.2 billion.

Source Fool.com

Like: 0

ZEN

Share