Zendesk stock Price forecast
Zendesk stock price forecast: Zendesk to be acquired by investor group for $10.2 billion. after confirmation Zendesk Shares Are Trading Higher Today. Zendesk is a service-first CRM company that builds software designed to improve customer relationships. Let’s know zendesk stock forecast.
Zendesk stock Price forecast:
According to Wall Street Journal reports, Zendesk Inc has almost reached a deal with a group of buyout firms, including Hellman & Friedman LLC and Permira. Let us tell you that the market value of Zendesk is $ 7 billion. After this news, the shares of Zendesk saw a jump of 27%. Let’s know Zendesk stock price forecast today.
What does Zendesk do?
Zendesk is an American software company. Its headquartered is in San Francisco, California. It provides software-as-a-service products related to customer support, sales, and other customer communications. The Zendesk Inc. was founded in Copenhagen, Denmark, in 2007.
Zendesk Inc’s share price on Friday
- Mkt cap: 909.27Cr
- Friday Open: 75.42
- Friday High: 75.50
- Friday Low: 73.50
- 52-wk high: 153.43
- 52-wk low: 54.16
Zendesk $10B buyout deal Key Points
- Let’s know Zendesk Inc. and some important points of acquisition deals between investment firms. And also know the Zendesk stock price forecast of stock market experts.
- Zendesk agreed to be acquired by an investor group in an all-cash transaction valued at $10.2 billion.
- Zendesk is a customer experience software company. The company announced its acquisition on Friday.
- The deal will be led by investment firms Permira and Hellman & Friedman, according to the release.
- Shareholders in this acquisition would receive $77.50 per share, a premium of approximately 34% over the company’s closing stock price.
- After this news of the acquisition of Zendesk Inc, the company’s shares rose about 27 percent on Friday.
- According to sources, the investment firm is planning to take Zendesk private after the deal closes.
- Zendesk’s board has unanimously approved the deal, which is expected to close in the fourth quarter of this year.
- Zendesk Inc. a software companyspecializes in helping companies with customer communications.
