A woman on a Zoom call. Photo: Shutterstock.
A woman on a Zoom call. Photo: Shutterstock.

Zoom and Five9 drop US$14.7 billion merger amid US security review over video-conference app’s operations in China

  • Five9 shareholders reject transaction after Justice Department added additional regulatory review to deal
  • Institutional Shareholder Services, an influential proxy adviser, urged Five9 investors to vote against the deal in part over political risks in Zoom’s ‘substantial operations in China’

Topic |   Banking & finance
A woman on a Zoom call. Photo: Shutterstock.
A woman on a Zoom call. Photo: Shutterstock.
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