Zoom Video Communications Inc. and Five9 Inc. called disconnected their multibillion-dollar merger Thursday, aft Five9 shareholders voted against a woody that was being investigated by the U.S. Department of Justice.
Five9 FIVN announced Thursday day that the merger with Zoom ZM had been terminated “by communal agreement,” aft Five9’s shareholders failed to o.k. the woody successful a vote. Institutional Shareholder Services Inc. told Five9 investors to ballot against the $14.9 cardinal all-stock woody due to the fact that a downturn successful volatile Zoom...
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