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Tuesday, October 20, 2026Updated 19:36 UTC

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Salesforce announces $5.66 billion deal for Braze, sending BRZE stock soaring 50%

Source: CNBC · Oct 20, 2026 14:09 UTC

Trading floor of the New York Stock Exchange with banks of monitors — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

The company's latest acquisition is expected to close in fiscal 2028, and will see Braze shareholders receive $47.50 in cash per share.

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