SHAREHOLDER ALERT: WeissLaw LLP Investigates Momentive Global Inc.

NEW YORK, Oct. 29, 2021 /PRNewswire/ — WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law…

NEW YORK, Oct. 29, 2021 /PRNewswire/ — WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Momentive Global Inc. («Momentive» or the «Company») (NASDAQ: MNTV) in connection with the proposed acquisition of the Company by Zendesk, Inc. («Zendesk») (NYSE: ZEN). Under the terms of the merger agreement, Momentive shareholders will receive 0.225 shares of Zendesk stock for each Momentive share they hold, representing implied per-share merger consideration of approximately $26.78 based upon Zendesk’s October 28, 2021 closing price of $119.01. Upon closing of the transaction, Zendesk stockholders will own approximately 78% of the combined company, while Momentive stockholders will only own approximately 22% of the combined company. 

If you own Momentive shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:

https://www.weisslaw.co/news-and-cases/mntv

Or please contact:

Joshua Rubin, Esq.

WeissLaw LLP

305 Broadway, 7th Floor

New York, NY  10007

(212) 682-3025

(888) 593-4771

stockinfo@weisslawllp.com

WeissLaw LLP is investigating whether: (i) Momentive’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the per-share merger consideration adequately compensates Momentive’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com

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SOURCE WeissLaw LLP