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Zendesk said to be back in talks about potential $17 billion buy-out, reveals the WSJ - Part 2

So, the private equity consortium purchasing Zendesk is paying $77.50 a share for the business.

That's a lot less the rumoured price being touted by rivals Dealreporter in May. Back then Dealreporter claimed Zendesk was holding out for $140 a share after rejecting an offer from private equity pitched at between $127 and $132 a share...

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Zendesk said to be back in talks about potential $17 billion buy-out, reveals the WSJ

It was on, then it was off - and now it is, according to the venerable Wall Street Journal, back on again.

That's the $17 billion leveraged buy-out of Zendesk, a US-listed company that builds software to improve customer relationships.

Earlier this month Zendesk said it would stay independent after holding talks with potential buyers because the choppiness in financing markets was making it harder to find the debt for private equity deals...

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