Anson Funds pushing Five9 to explore a sale, sources say

Five9

11/07/2024 18:05

By Svea Herbst-Bayliss
       July 11 (Reuters) - Investment firm Anson Funds
Management has amassed a stake in Five9  FIVN.O  and is urging
the U.S. call center software company to consider a sale, people
familiar with the matter said.
    The investment firm's move comes on the heels of Five9's
decision last year to rebuff an acquisition offer from Zoom
Video Communications  ZM.O , the maker of the popular virtual
meeting software, one of the sources said.
    There is no certainty that Five9 will heed the calls to
explore a sale, the sources said, requesting anonymity because
the matter is confidential.
    Five9 and Anson did not immediately respond to requests for
comment.

 (Reporting by Svea Herbst-Bayliss; Editing by Lisa Shumaker)
 ((svea.herbst@thomsonreuters.com; +617 233 2138; Reuters
Messaging: svea.herbst.thomsonreuters.com@reuters.net))