Philadelphia, Pennsylvania, Nov 01, 2021 (Newsfile Corp via COMTEX) -- Philadelphia, Pennsylvania--(Newsfile Corp. - November 1, 2021) - Kaskela Law LLC announces that it is investigating Zendesk, Inc. ("Zendesk") /zigman2/quotes/209571012/composite ZEN +1.27% on behalf of the company's shareholders.
On October 28, 2021, Zendesk announced that it had entered into an agreement to acquire Momentive Global Inc. ("Momentive"). Zendesk has disclosed that, following the proposed transaction, current Momentive stockholders are expected to own approximately 22% of the combined company. On this news, shares of Zendesk's stock declined $17.21 per share, or nearly 15% in value, on unusually heavy trading volume.
Kaskela Law's investigation seeks to determine whether the proposed transaction as structured is fair to Zendesk and the company's stockholders, and whether stockholders are being provided with all material information necessary to evaluate and vote on the proposed transaction with Momentive.
Zendesk stockholders are encouraged to contact Kaskela Law (D. Seamus Kaskela, Esq.) at (484) 258 - 1585 or (888) 715 - 1740, or via email at email@example.com , to discuss this investigation and their legal rights and options. Additional information may also be found at https://kaskelalaw.com/cases/zendesk-inc/ .
Kaskela Law LLC exclusively represents stockholders in state and federal actions throughout the country. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com .
D. Seamus Kaskela, Esq.
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