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- Salesforce (NYSE:CRM) is in advanced discussions to acquire data-management software provider Informatica (NYSE:INFA).
- The price that’s being discussed is below Informatica’s (INFA) current price of $38.48 as the shares have jumped 35% this year, according to a WSJ report late Friday, which cited people familiar with the matter.
- Informatica (INFA) has a market cap of $11.5 billion.
- Informatica (INFA) is scheduled to report Q1 results on May 1.
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The post Salesforce in advanced talks to purchase Informatica -WSJ appeared first on Index Investing News.