Braze stock surges over 50% after Salesforce announces $5.66 billion acquisition

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Salesforce agreed to acquire Braze for about $5.66 billion, offering $47.50 per share—a 58.1% premium. Braze shares surged 52% to $45.59. The all-cash deal, expected to close in fiscal 2028 pending approvals, would expand Salesforce’s AI-powered marketing and customer engagement capabilities.