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Market Chatter: Five9 Being Urged to Explore Sale by Anson Funds
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Market Chatter: Five9 Being Urged to Explore Sale by Anson Funds
Jul 11, 2024 11:01 AM

01:43 PM EDT, 07/11/2024 (MT Newswires) -- Anson Funds Management is urging Five9 ( FIVN ) to explore a sale of business after building up a stake in the company, Reuters reported Thursday, citing people familiar with the matter.

There is no certainty that Five9 ( FIVN ) will heed the calls, the report said. The US call center software company previously rejected an acquisition from Zoom Video Communications, according to the report.

Anson Funds and Five9 ( FIVN ) did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 41.67, Change: +1.67, Percent Change: +4.18

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