BRIEF-Salesforce Signs Definitive Agreement To Acquire Own Company-February 2024-www.financetom.com

BRIEF-Salesforce Signs Definitive Agreement To Acquire Own Company

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BRIEF-Salesforce Signs Definitive Agreement To Acquire Own Company

Sep 6, 2024 1:18 PM

Sept 5 (Reuters) - Salesforce Inc ( CRM ):

* SALESFORCE SIGNS DEFINITIVE AGREEMENT TO ACQUIRE OWN

COMPANY

* SALESFORCE INC ( CRM )- PROPOSED DEAL FOR FOR APPROXIMATELY $1.9

BILLION

IN CASH,

* SALESFORCE INC ( CRM ) - EXPECTS FREE CASH FLOW ACCRETION STARTING

SECOND YEAR POST-CLOSING

* SALESFORCE INC ( CRM ) - TRANSACTION EXPECTED TO CLOSE IN Q4 OF

SALESFORCE'S FISCAL YEAR 2025

* SALESFORCE INC ( CRM ) - TRANSACTION WILL NOT IMPACT SALESFORCE'S

CAPITAL RETURN PROGRAM

* SALESFORCE INC ( CRM ) - NO ANTICIPATED CHANGE TO FISCAL YEAR 2025

FINANCIAL GUIDANCE, PREVIOUSLY ANNOUNCED ON AUGUST 28

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