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Salesforce.com To Acquire Buddy Media For $689M

Monica Gerson, Benzinga Staff Writer
June 04, 2012 5:28 AM
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Tickers: CRM
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Salesforce.com (NYSE: CRM) announced its plans to acquire Buddy Media for around $689 million in cash and stock.

The deal is likely to complete during the third quarter.

CRM shares closed at $130.99 on Friday.

(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Tags: merger and acquisition

Posted in: News, M&A

 

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