'SurveyMonkey Parent Momentive Global Shares Jump Premarket On Takeover Speculation
- SurveyMonkey owner Momentive Global Inc (NASDAQ:MNTV) explored a sale after getting takeover interest, Bloomberg reported.
- Momentive is working with a financial adviser.
- Zendesk Inc (NYSE: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.