As a closely watched business story, the failed takeover bid of customer service software company Zendesk by a private equity consortium on Wednesday could pale in comparison to what the company faces later this month: a contentious proxy vote over its planned merger with SurveyMonkey owner Momentive Global.. The live video webcast can be accessed through Zendesk's investor relations website at https://investor.zendesk.com. February 28, 2022. ISS, Glass Lewis urge Zendesk investors vote against ... Zendesk (NYSE:ZEN) shareholders are expected to reject the company's planned $4.2B purchase of SurveyMonkey parent Momentive Global (NASDAQ:MNTV) at a vote on Friday. Advisor Insights; Personal Finance; Market Volatility; Retirement Planning; Start Investing; Save for College; Best Investments; See All Market-Moving News: Jana Urges Zendesk to Terminate ... NEW YORK, February 17, 2022--TIG Advisors, LLC, an investment adviser which owns approximately 1.5 million shares of Zendesk, Inc. (NYSE: ZEN) ("Zendesk" or the "Company") today sent a letter to . Spaced Ventures hosts investor education materials on our platform to help users better understand what non-voting and information rights mean for them as public investors. Jana Partners launches proxy fight at Zendesk, nominates ... Reuters. To address the damage Zendesk's board has already ... The announcement comes just two weeks after the company spurned a $17 billion takeover offer by private equity firms. The proposed Momentive acquisition was met by a significant decline in Zendesk's stock and widespread censure from Zendesk shareholders and analysts since the day of its announcement. Reuters. Momentive shares fell 3.2% in . BOSTON — Proxy advisory firms Institutional Shareholder Services and Glass, Lewis & Co on Friday told investors in Zendesk to vote against a planned takeover of Momentive Global, the parent of web-based survey portal SurveyMonkey, arguing the deal is too risky. We believe the board has all but assured that Zendesk will suffer a persistent discount to its intrinsic value. Zendesk shareholders will finally be able to save themselves from their own board by voting down the Momentive transaction. Leading proxy advisory firm Institutional Shareholder Services ("ISS") also recommended Momentive stockholders vote on the WHITE proxy card "FOR" the proposed transaction with Zendesk . Zendesk announced today that it was walking away from the proposed $4.1 billion deal to buy Momentive, the owners of SurveyMonkey, after stockholders rejected the deal. The New York activist urged Zendesk's board to terminate the acquisition of Momentive Global Inc. now rather than wait months for a shareholder vote that appears likely to fail, according to a . Glass Lewis recommends Zendesk investors vote against ... The Wall Street Journal reported on Thursday that Jana was preparing to nominate four directors to the company's board . Jana, which launched the proxy contest a week before Zendesk shareholders voted against the acquisition of SurveyMonkey-parent Momentive Global, nominated four directors to . Offering voting rights to crowdfunding investors may pose some logistical challenges (e.g. Hedge fund Legion preparing to nominate directors at ... Jana Partners launched the proxy contest a week before Zendesk shareholders are scheduled to vote on the company's proposed acquisition of Momentive Global . Activist investment firm Jana Partners on Thursday urged Zendesk Inc shareholders to vote its four nominees to the software firm's board at the company's annual meeting. Zendesk has called off its $4 billion deal to buy the parent of the online survey Portal Survey Monkey after shareholders voted against the merger. A dds background. Zendesk Inc.'s plan to acquire SurveyMonkey parent Momentive Global Inc. was dealt a blow with two prominent shareholder advisory firms arguing the software company's investors should vote . The Zendesk Board of Directors continues to unanimously recommend that all shareholders vote "FOR" the proposal approving the issuance of Zendesk Common Stock in connection with the acquisition of . Activist investment firm Jana Partners on Thursday urged Zendesk Inc shareholders to vote its four nominees to the software firm's board at the company's annual meeting. Proxy advisory firms Institutional Shareholder Services and Glass, Lewis & Co on Friday told investors in Zendesk to vote against a planned takeover of Momentive Global , the parent of web-based . Momentive has scheduled the Special Meeting to . Jana, which launched the proxy contest a week before Zendesk shareholders voted against the acquisition of SurveyMonkey-parent Momentive Global, nominated . Zendesk terminates $4.2B deal with Momentive after failed shareholder vote Feb. 25, 2022 4:10 PM ET Zendesk, Inc. (ZEN) , MNTV By: Joshua Fineman , SA News Editor 5 Comments Justin Sullivan/Getty . A replay of the webcast will be available for 12 months. Officially the company announced it this way: "Zendesk, Inc. (NYSE: ZEN) today announced that it has . Jana has called Zendesk's plan to buy Momentive a "reactive and impulsive decision". Momentive Represents a Strategic Opportunity that Zendesk is Uniquely Positioned to Leverage to Drive Enhanced Growth and Value for Shareholders Continues to Strongly Recommend Shareholders Vote "FOR" Proposal to Approve the Issuance of Shares of Zendesk Common Stock in Connection with the Transaction at Upcoming Special Meeting Zendesk, Inc. (NYSE: ZEN or the "Company") today posted . By Svea Herbst-Bayliss. Earlier this month, Zendesk CEO Mikkel Svane declared that the firm was doubling down on its push to secure shareholder approval for its planned $4 billion takeover of Momentive Global, parent company to SurveyMonkey: We are very, very focused on the upcoming transaction here and getting the vote. BOSTON (Reuters) - Proxy advisory firms Institutional Shareholder Services and Glass, Lewis & Co on Friday told investors in Zendesk (NYSE:ZEN) to vote against a planned takeover of Momentive . The Board of Directors. BOSTON (Reuters) - Proxy advisory firms Institutional Shareholder Services and Glass, Lewis & Co on Friday told investors in Zendesk to vote against a planned takeover of . Both Zendesk and Momentive shareholders are scheduled to vote Feb. 25 on whether to . Zendesk Inc.'s plan to acquire SurveyMonkey parent Momentive Global Inc. was dealt a blow with two prominent shareholder advisory firms arguing the software company's investors should vote . Members of the Board, At Friday's extraordinary shareholder meeting, Zendesk's board received the lowest level of support of any disclosed deal-related shareholder vote (buyer or seller) in the Russell 3000 in the last 20 years (and possibly ever), garnering only 9% support (which would have been . March 17 (Reuters) - Activist investment firm Jana Partners on Thursday urged Zendesk Inc ZEN.N shareholders to vote its four nominees to the software firm's board at the company . February 17, 2022 The Board of Directors Zendesk Inc. 989 Market St. San Francisco, CA 94103 Dear Members of the Board, TIG Advisors, LLC and its affiliates collectively hold approximately 1.5 . By Svea Herbst-Bayliss. BOSTON (Reuters) -Proxy advisory firm Glass, Lewis & Co is telling investors in Zendesk to vote against a planned takeover of Momentive Global, the parent company of web . ISS Recommends that Momentive Shareholders Vote in Favor of the Combination on the WHITE Proxy Card. ISS Recommends that Momentive Shareholders Vote in Favor of the Combination on the WHITE Proxy Card. The Momentive Board of Directors unanimously recommends that stockholders vote "FOR" all proposals relating to the transaction with Zendesk. Earlier on Friday, proxy advisory firms Institutional Shareholder Services and Glass Lewis recommended that Zendesk shareholders vote against the takeover of Momentive later this month, making it highly unlikely that the deal will receive enough shareholder support to be finalized. Copies of the documents filed with the SEC by Zendesk will be available free of charge by accessing Zendesk's investor relations website at investor.zendesk.com or upon written request to . (Reporting by Svea Herbst-Bayliss; editing by Diane Craft) (RTTNews) - In a letter to shareholders, Huntsman Corporation (HUN) urged its shareholders to vote for all of the company's directors standing for election. However, lasting damage has been done. ISS Recommends that Momentive Shareholders Vote in Favor of the Combination on the WHITE Proxy Card Activist investment firm Jana Partners on Thursday urged Zendesk Inc shareholders to vote its four nominees to the software firm's board at the company's annual meeting. Jana had nominated four directors to the board of Zendesk earlier this year, arguing the company must be rehabilitated after an unpopular attempt to buy SurveyMonkey-parent . Board Unanimously Determined that Zendesk Transaction Maximizes Value for Momentive Stockholders. March 17 (Reuters) - Activist investment firm Jana Partners on Thursday urged Zendesk Inc shareholders to vote its four nominees to the software firm's board at the company's annual meeting. We apologize, but this video has failed to load. Board of Directors Zendesk, Inc. 989 Market Street San Francisco, CA 94103. Copies of the documents filed with the SEC by Zendesk will be available free of charge by accessing Zendesk's investor relations website at investor.zendesk.com or upon written request to . Copies of the documents filed with the SEC by Zendesk will be available free of charge by accessing Zendesk's investor relations website at investor.zendesk.com or upon written request to Zendesk . March 17 (Reuters) - Activist investment firm Jana Partners on Thursday urged Zendesk Inc shareholders to vote its four nominees to the software firm's board at the company's annual meeting. The Zendesk Board of Directors continues to unanimously recommend that all shareholders vote "FOR" the proposal approving the issuance of Zendesk Common Stock in connection with the . JMP Technology Conference Jason Tsai, Head of Investor Relations, will present in-person on . According to the Wall Street Journal story, Jana Partners wants . its shareholders. BOSTON — Proxy advisory firms Institutional Shareholder Services and Glass, Lewis & Co on Friday told investors in Zendesk to vote against a planned takeover of Momentive Global, the parent of web-based survey portal SurveyMonkey, arguing the deal is too risky. (Bloomberg) --Zendesk Inc.'s plan to acquire SurveyMonkey parent Momentive Global Inc. was dealt a blow with two prominent shareholder advisory firms arguing the software company's investors should vote against the deal. Leading proxy advisory firm Institutional Shareholder Services ("ISS") also recommended Momentive stockholders vote on the WHITE proxy card "FOR" the proposed transaction with Zendesk. While we are pleased Zendesk management has affirmed to other institutional shareholders its commitment to make the Momentive acquisition dependent upon a Zendesk shareholder vote, our discussions with shareholders over the past month leave us even more convinced that they do not support this transaction. 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