Zoom + Five9 $14.7 Billion Merger Deal Rejected 🛑⛔
Zoom Video Communications’ deal to purchase contact center software company Five9 has been abandoned after a shareholder vote rejected the deal. Alex discusses Zoom’s purposed $14.7 billion all-stock purchase of Five9 and looks at the DOJ’s investigation that accompanied Zoom’s attempted purchase. He details some of past findings on Zoom’s links to China and describes increased scruitnity around deals like this as a positive.
This is an excerpt from episode 176 of Winner Take All. Watch the full episode here: youtu.be/6FCj43TU1XM
Originally Aired: 10/05/21
#Zoom #Five9 #StockMarket
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