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“Generation Gamble” and the Rise of the Machines

Motley Fool Money

Zoom Video and Five Nine Shares Down 12 % Since Deal Announced

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Zoom vidia was buying five nine, a cloud based call center operator, in an all stock deal worth nearly 15 billion dollars. On thursday of this week, the deal was rejected by five nine shareholders. Both companies mutually agreed not to pursue it any longer. Shares of bedbath and beyond down nearly 30 % this week after second quarter results were much lower than expected.

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