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Zendesk Stock Rises on Report of Settlement Talks With Activist Jana

MarketWatch

Zendesk shares rose after a report from The Wall Street Journal said the provider of cloud-based customer-service software was in settlement talks with activist investor Jana Partners that could include the departure of the company’s chief executive. The talks come after Zendesk (ticker: ZEN) said last week it plans to continue on as an independent public company after not finding a buyer...

Mentions: acquisition stake Bloomberg