CEO & Founder, IMB Enterprises, Inc. - Developing Business with Thought Leadership
Salesforce investors and traders might be breathing a sigh of relief, at least the ones thinking like me. Lauren Thomas' story for The Wall Street Journal "Salesforce's Talks to Buy Informatica Fizzle" https://lnkd.in/eyqPv7t9 is, I think good news (I neither invest in nor trade Salesforce at this time, nor have I in the past). Nevertheless, the reason for the disconnect, Thomas reports sources said they could not agree on "terms", keeps my concerns going. A Reuters story on the same topic mentioned "price" to give a bit more definition. If Salesforce has been following the price of its stock since announcing the talks were ongoing, then fizzling them out would make sense and be more welcome. But basing the parting of the ways on price says, to me, management would have closed the deal on a more favorable price - still not a smart move as I see it and not one respecting investor sentiment. Do you invest in Salesforce, the stock, or in Informatica? What do you think about news the merger talk is off? #saleforce #informatica #mergersandacquisitions
