By Heather Somerville and Deborah M. Todd

Scandal-hit Zenefits slashes own valuation as it cuts deal with investors

By Heather Somerville and Deborah M. Todd SAN FRANCISCO (Reuters) - Software startup Zenefits has cut a highly unusual deal with investors to increase their ownership while slashing the once-hot firm's valuation as it seeks to avoid litigation and mend damage in the...

Friday, July 1, 2016, 3:15 PM