July 19, 2021
Five9, Inc. Investigation
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Five9, Inc. (“Five9” or the “Company”) (NASDAQ: FIVN) in connection with the Company’s proposed acquisition by Zoom Video Communications, Inc. (“Zoom”) (NASDAQ: ZM). Under the terms of the merger agreement, Five9 shareholders will receive 0.5533 shares of Zoom stock for each Five9 share they own, representing implied per-share merger consideration of approximately $200.28 based upon Zoom’s July 16, 2021 closing price of $361.97. The transaction is valued at approximately $14.7 billion.
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