Braze Class A holders would receive $47.50 per share, about 58.1% above the prior close. Salesforce expects the transaction to close in its fiscal 2028 and says it does not change its fiscal 2027 forecast.

Braze serves about 2,770 customers with tools for personalized marketing messages and behavior-based responses. The deal still requires customary approvals and has not closed.

Go to the source

This is an original summary, not a republication of the full report.

Read the original at Reuters ↗