U.S. government panel reviewing Zoom deal to buy Five9 By Reuters
WASHINGTON (Reuters) – A U.S. Justice Department-led committee is reviewing Zoom Video Communications (NASDAQ:) Inc’s proposed $15 billion all-stock deal to buy cloud-based call center operator Five9 (NASDAQ:) Inc, according to a letter filed with U.S. regulators.
According to a letter sent to the Federal Communications Commission on August 27, the Committee for the Assessment of Foreign Participation (also known as Team Telecom) is looking into the proposed $15 billion all-stock deal to buy cloud-based call center operator Five9 (NASDAQ:) Inc.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.