Zendesk Board Made Series of Flawed Decisions & Showed Reckless Disregard for Shareholder Capital, Merger Proxy Reveals
JANA Partners Demands Zendesk Promptly Terminate Momentive Acquisition & Instead Focus on Creating Shareholder Value
PR Newswire
NEW YORK , Jan. 3, 2022 /PRNewswire/ -- JANA Partners LLC today announced that it has sent a letter to the Zendesk (NYSE: ZEN) Board of Directors highlighting shareholder opposition, revealing new concerns regarding the proposed acquisition of Momentive (NASDAQ: MNTV-formerly SurveyMonkey), and calling on the Board to immediately terminate the transaction.
The full text of JANA Partners LLC's letter is available for viewing at the following link: www.janapartners.com/zendesk
Contact: IR@janapartners.com
SOURCE JANA Partners LLC