InsideArbitrage Potential Deal Alert: Five9 (FIVN) Explores A Potential Sale

  • December 5, 2023

POTENTIAL DEAL DETAILS

StockFive9, Inc.SymbolFIVN
Date Announced12/04/2023Source Bloomberg
TypeNews Report

According to Bloomberg, Five9 Inc. (FIVN) has been exploring a potential sale, a little more than two years after the call center software provider scrapped a multibillion-dollar takeover by Zoom Video Communications Inc.

Update(s):

December 5, 2023: Five9, Inc., the Intelligent CX platform provider, responded to market rumors.

On December 4, 2023, a news agency issued an article about a rumored potential acquisition of Five9.  Five9 was approached with such an opportunity; however, Five9 is not pursuing any such acquisition.

Five9 Inc. Investor Relations

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.