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Zoom’s abandoned Five9 deal shows barriers to expansion
Aggregated Source: ChinaLegalBlog.com

Analysts and investment bankers said Zoom has scrapped its $14.7 billion (about Rs 1,09,280 crore) acquisition of call center software firm Five9.

After Zoom’s reluctance to add cash to its bid and its shares plunging up to 29 percent in the weeks following the deal’s announcement in July, Five9 is fully on its stock as currency to pay for the deal.…

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