Five9 investors may do Zoom a favor
NEW YORK, Sept 22 (Reuters Breakingviews) – Zoom Video Communications’ (ZM.O) acquisition of Five9 (FIVN.O) is unraveling. Washington watchdogs are probing the transaction and Five9 investors may not vote for the all-stock deal read more. The value of what Zoom is offering has fallen from $13.6 billion to about $10.4 billion in roughly two months and is now below Five9’s market capitalization. […]
Wall Street ends sharply lower as Delta variant sparks new lockdown fears
A surge in Delta variant infections sparked a broad sell-off on Wall Street on Monday as investors feared renewed COVID-19 shutdowns and a protracted economic recovery.
