Salesforce Announces $5.66 Billion Acquisition of Braze

• Salesforce is acquiring Braze for $5.66 billion, a 58% premium over Braze's last closing price.
• Braze shareholders will receive $47.50 in cash per share.
• The acquisition is expected to close in fiscal 2028.
• Braze stock surged 51.1% on the news, while Salesforce stock dipped 0.6%.
• The deal is Salesforce's latest acquisition in a series of purchases this year.