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Salesforce to buy Demandware in $2.8 billion deal: Reuters

(Reuters) — Cloud-based software maker Inc (CRM.N) said on Wednesday it would buy Demandware Inc (DWRE.N), which provides software to design e-commerce websites, in a deal worth about $2.8 billion.

Salesforce’s cash offer of $75.00 per share represents a 56.3 percent premium to Demandware’s Tuesday closing.