From TokenPost · · 40s
Braze Shares Jump 51.7% After Salesforce Deal
Braze shares surged 51.7% Tuesday as Salesforce agreed to buy the company for $47.50 per share.
In brief
Braze shares surged 51.7% Tuesday as Salesforce agreed to buy the company for $47.50 per share. Braze shares rose 51.7% after Salesforce agreed to acquire the company at $47.50 per share. Originally reported by TokenPost.
Braze Shares Jump
Braze shares closed 51.7% higher at $45.57 Tuesday after Salesforce agreed to acquire the company.
Acquisition Details
The deal values Braze at approximately $5.66 billion in enterprise value and offers $47.50 per share.
Next Steps
The transaction requires shareholder and regulatory approval and is expected to close in Salesforce’s fiscal 2028.
The essence
Braze shares rose 51.7% after Salesforce agreed to acquire the company at $47.50 per share.
