- Salesforce (NYSE:CRM) CEO Marc Benioff, who recently lost a bidding war for LinkedIn (LNKD) to Microsoft (NASDAQ:MSFT), would have made a stronger bid for the social network had it continued talks with him after its call for final offers.
- Persistent bidding by Salesforce - during the two months before LinkedIn's agreement to negotiate exclusively with Microsoft - ultimately raised the price of the deal by 22%, or $5B.
Salesforce would have bid 'much higher' for LinkedIn
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| Symbol | Last Price | % Chg |
|---|---|---|
| CRM | - | - |
| Salesforce, Inc. | ||