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Braze to Be Acquired for $47.50 per Share

Braze is to be acquired for $47.50 per share. Its shares closed Monday at $30.04.

BRZE

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12:37:30 PM UTC
SquawkNews
By Connor HartSalesforce signed a deal to buy Braze for about $5.66 billion including debt, adding a customer-engagement platform to its portfolio.Under the terms of the agreement, Braze shareholders will receive $47.50 in cash for each common stock owned, the companies said. The purchase price rep…