May 18, 2024
Finance

Why Salesforce Stock Fell Today

Shares of Salesforce (NYSE: CRM) were down 7.3% on Monday amid reports the cloud-based customer relationship management (CRM) platform provider is in late-stage talks to acquire data-management software company Informatica (NYSE: INFA). Informatica stock also dropped around 6.5% today. Why investors aren’t pleased that Salesforce might acquire Informatica Sources speaking to the Wall Street Journal

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Finance

Salesforce in advanced talks to buy Informatica, source says

By Anirban Sen (Reuters) -Salesforce is in advanced talks to acquire business software maker Informatica, a person familiar with the matter told Reuters on Friday. A deal could be announced soon, said the source, who asked not to be named because the discussions are confidential. The price of the deal being discussed is below Informatica’s

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