Deals
Zendesk to Buy SurveyMonkey Parent Momentive Global
- Momentive stock bought for $28 per share or $4.13 billion
- Facebook COO Sheryl Sandberg served on board of Momentive
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Customer service software business Zendesk Inc. has agreed to acquire SurveyMonkey parent-company Momentive Global Inc. in a $4.13 billion all-stock deal.
Momentive shareholders will receive 0.225 shares of Zendesk stock, a ratio that represents a value of about $28 per Momentive share, according to a statement Thursday.