This is the second software deal in as many days, both taking place in the mid cap sector. Salesforce must really want Demandware, buying them out at a massive premium for $2.8 billion.
The negotiations probably went something like this.
‘We like your company. We’ll buy it at the all time high, all cash.,
‘Okay.’
Here are some other mid cal software names, courtesy of Exodus, which might catch a bid today, given the merger mania in the space.
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