WSJ News Exclusive | Zendesk Receives Takeover Approaches

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WSJ News Exclusive | Zendesk Receives Takeover Approaches
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Zendesk received takeover approaches from suitors including Thoma Bravo as an activist challenges its deal for SurveyMonkey’s parent, according to people familiar with the matter

Thoma Bravo LP and other private-equity firms have made takeover approaches to Zendesk Inc., which is also facing a proxy fight from an activist investor seeking to scuttle its proposed acquisition of SurveyMonkey ’s parent company, according to people familiar with the matter.

Jana Partners LLC is preparing to nominate four directors to Zendesk’s board, some of the people said, as pressure mounts on the customer-service platform to abandon its agreement to buy Momentive Global Inc.

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