Zendesk Terminates Acquisition of Momentive

February 25, 2022

Zendesk, Inc. terminated its Agreement and Plan of Merger to acquire Momentive Global Inc. in an all-stock transaction after it did not receive approval from its stockholders to issue the required shares at the special stockholder meeting on February 25, 2022. The deal was originally announced as a definitive agreement entered in October 2021, subject to stockholder and other customary closing conditions.

Buyers
Zendesk, Inc., Milky Way Acquisition Corp.
Targets
Momentive Global Inc.
Industry
Software
Location
California, United States
Transaction Type
Buyout

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