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Zendesk rebuffs PE group takeover bid: Bloomberg

Zendesk, an enterprise software company, has rejected a takeover bid from a private equity consortium that includes Hellman & Friedman, Advent International and Permira, reported Bloomberg.

Zendesk, an enterprise software company, has rejected a takeover bid from a private equity consortium that includes Hellman & Friedman, Advent International and Permira, reported Bloomberg. The news outlet noted that on Thursday Zendesk “rejected an unsolicited proposal from private equity firms that valued it at $127 to $132 a share without disclosing the names of the bidders.”

Source: Bloomberg