Could Sovereign Wealth Funds Back Possible Salesforce Takeover?

Posted on 04/30/2015


  Cloud software giant Salesforce.com Inc. is working with financial advisers to assist in fielding takeover offers. According to Bloomberg, the company was approached by a potential acquirer. After news of a potential takeover, Salesforce’s market value jumped, giving the cloud business a market value of US$ 49 billion. Yesterday afternoon, sales for Salesforce.com stock […]