Salesforce gets a chilly investor response to a $6 billion deal at a 58% premium
Summary
Salesforce recently announced a massive acquisition valued at nearly six billion dollars, featuring a high premium. However, the financial markets reacted negatively to the news. Investors showed a notably cold response to the planned purchase.
Salesforce said on Tuesday that it is making a nearly $6 billion acquisition at a 58% premium, but Wall Street’s response was frosty.
Source: Read the full story at MarketWatch.com - Top Stories
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