Zendesk close to reaching takeover deal with the group – WSJ


Software company Zendesk Inc is close to reaching an agreement with a group of takeover companies including Hellman & Friedman LLC and Permira, The Wall Street Journal reported Thursday, citing people familiar with the matter.

A deal could be reached in the coming days assuming the talks do not collapse, according to the report. (https://on.wsj.com/3HPcxRt)

Zendesk shares rose 41.5% to $81.98 after the bell.

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The company, which came under pressure from activist investor Jana Partners, said earlier in June it would continue as an independent public company after completing a review of its operations.

Zendesk, Hellman & Friedman did not immediately respond to Reuters requests for comment, while Permira declined to comment.


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