
MOMENTIVE GETS A BUYOUT OFFER
By Nigam Arora & Dr. Natasha Arora Momentive (MNTV) has received a $28 buyout offer from Zendisk (ZEN). This buyout is the 168th buyout of an Arora Portfolio company. The low band of our target was $28. The offer is an all-stock offer for MNTV stockholders to receive 0.225 shares of ZEN for each share of MNTV. Based on the closing price of ZEN, this represented $28. Wall Street has uniformly come out against ZEN for buying MNTV. The reason is that MNTV is growing slower than ZEN. The fashion on Wall Street these days is growth. The concern is






