SurveyMonkey Parent Momentive Global Shares Jump Premarket On Takeover Speculation

  • 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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