Zoom to Buy Five9 for $14.7 Billion to Shore Up App
Zoom to Buy Five9 for $14.7 Billion to Boost Post-Covid Growth Bloomberg 5 hrs ago Edwin Chan and Dina Bass (Bloomberg) -- Zoom Video Communications Inc., whose online conferencing services took off during the Covid-19 pandemic, agreed to acquire Five9 Inc. for $14.7 billion, using its surging stock to expand into an adjacent market that could bolster revenue as lockdowns end. Popular Searches The value of the all-stock offer is $200.18 a share based on the closing price for Z...
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Source: msn.com