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via finance.yahoo.comCapital Markets

Salesforce to acquire Braze for $5.7 billion, a 58% premium, in its latest AI bet

FROM THE WIRE · FINANCE.YAHOO.COM

Salesforce will pay a 58% premium for marketing software company Braze. Continue Reading

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA $5.7 billion software acquisition at a 58% premium can lift the target's shares and weigh on the acquirer's valuation.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Salesforce will pay a 58% premium for Braze, a marketing software company.
  2. 02The deal is valued at $5.7 billion.
  3. 03The price has been described by some observers as 'a bit odd'.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Braze, Inc.BRZEStock45.48 USD-0.19%today +51.39%Positive Salesforce, Inc.CRMStock242.69 USD+0.51%today +0.10%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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