SurveyMonkey Parent Momentive Global Shares Jump Premarket On Takeover Speculation

October 19, 2022 7:57 AM | 1 min read | Make a Comment

SurveyMonkey owner Momentive Global Inc MNTV explored a sale after getting takeover interest, Bloomberg reported.
Momentive is working with a financial adviser.
Zendesk Inc ZEN agreed to buy Momentive in 2021 for nearly $4 billion in an all-stock deal.
However, the deal failed to materialize after shareholders in both companies opposed the pact.
Momentive received takeover interest from private equity firm Permira before striking that deal.
SurveyMonkey provides software that allows users to easily create surveys, quizzes, and polls for any audience.
Price Action: MNTV shares traded higher by 17.1% at $7.60 in the premarket on the last check Wednesday.

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