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Microsoft Is Said to Evaluate Possible Bid for Salesforce

Microsoft Corp. is evaluating a bid for Salesforce.com Inc., after the cloud software provider was approached by another would-be buyer according to industry sources.

Salesforce, which has a market value of almost $50 billion, is working with two investment banks to determine a response to approaches.  The San Francisco-based company’s options could include rebuffing any buyer, or working out a sale, people with knowledge of the matter told Bloomberg last week.

Source:  Bloomberg News

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