
Informatica INFA.N jumps 6.4% to $24 premarket; Salesforce CRM.N up 1.6%
Salesforce nears $25/share buyout offer for Informatica, in a deal worth $8 bln overall, Wall Street Journal reports
Deal to be announced later today, according to WSJ
Salesforce and Informatica did not immediately respond to Reuters' requests for comment
They had abandoned merger talks in April 2024
INFA stock jumped 17% on Friday; biggest single-day jump since November 2023
Up to last close, INFA stock had fallen 13% YTD% vs an 18% decline in CRM