Tour Platform Zozi Offered to Acquire Zerve for $6 Million After Shutdown Announcement
Photo Credit: Tours and activities company Zozi offered to acquire rival Zerve's assets for $6 million in cash and stock. Frame
Skift Take
Zerve investors obviously determined that any acquisition offers that emerged weren't in their best interests but at least now it's certain that there was at least one concrete buyout offer, if not others, out there.
Within 24 hours after tours and activities platform Zerve announced June 30 that it would be shutting down this week, leaving its tour-company clients scrambling for alternative platforms, rival Zozi offered to acquire Zerve's assets for $6 million in cash and stock, Skift has learned.
The deal, according to the source, would have kept Zerve running for 30 to 60 days, and separately would have provided an addit
