Timely News, Ideas and Strategies for Active Investors
Monday, February 11, 2008
Salesforce.com Puts Itself Up for Sale....
Salesforce.com jumps on buyout rumor. Sources say Salesforce.com (CRM) approached Oracle (ORCL) with a potential offer to sell itself for $75/share -- close to a 50% premium over CRM's Friday close of $50.87. Shares are up sharply.
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