Zeta Global CEO says ‘taking calls from people trying to buy us’

Zeta Global (ZETA) CEO David Steinberg stated, according to a transcript of the company’s earnings call: “As you know, we’ll continue to look at our M&A pillars and we have a very, very strong balance sheet and we’re currently spending free cash flow on share buybacks. But quite frankly, I’ve been spending a disproportionate percentage of my time taking calls from people trying to buy us over the last few weeks and that’s been keeping us busy.” Asked to confirm if he said that he has been fielding calls from people interested in buying Zeta the company or buying Zeta software, the CEO added: “No, it was the prior, but I probably shouldn’t have said it. It was. Yeah, but it’s neither here nor there. The reality is, right now we are executing the company. We, as we continue to grow and take massive market share, we’re just getting a lot of attention on that side that we hadn’t gotten in the past.”