Jul 11, 05:25 PM

Anson Funds Urges Five9 to Explore Sale After $14.7B Bid Rejected: Reuters

Anson Funds Management has taken a stake in Five9 and is urging the U.S. call center software company to explore a sale, according to sources. This move comes after Five9 shareholders rejected a $14.7 billion takeover bid by Zoom in 2021. The push by Anson Funds is seen as part of a broader trend of activist investors targeting the company. The information was reported exclusively by Reuters.

#Anson Funds Management #Five9 #Zoom #Anson Funds #Reuters

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