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Salesforce drops after reports it is in talks to acquire Informatica
salesforcesalesforce(US:CRM) CNBC·2024-04-16 00:29

People pass by the Salesforce Tower and Salesforce.com offices in New York City, March 7, 2019.Salesforce stock fell 5% Monday after reports over the weekend that the cloud software company is in advanced talks to buy data-management firm Informatica.Shares of Informatica dropped 9% on Monday following the reports.The price being weighed is below Informatica's closing stock price on Friday of $38.48, according to The Wall Street Journal, which first reported the talks on Friday. A Reuters article said the d ...