Salesforce to acquire Braze for US$47.50 per share in cash
FROM THE WIRE · FINANCE.YAHOO.COM
Braze has delivered a sharp 63.6% return over the past year, and with a cash offer on the table from Salesforce, the real question for you is how well today's share price lines up with the cash the business is expected to generate over time. The 63.6% 1 year gain puts real…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA cash acquisition of a small-cap software company sets a reference price for the target's shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Salesforce plans to acquire Braze for US$47.50 per share in cash, expected to close in its fiscal 2028 year.
- 02Braze shares have risen 63.6% over the past year and trade close to the proposed buyout price.
- 03The article questions whether the share price is supported by the company's discounted cash flow value.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Braze, Inc.45.79 USDMarket closedtoday -0.04%Positive Salesforce, Inc.213.65 USDMarket closedtoday -3.94%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets