Salesforce.com buying ExactTarget for $2.34B

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SAN FRANCISCO (AP) — Salesforce.com will spend more than $2.3 billion to buy marketing software company ExactTarget.

Salesforce.com —which provides software for sales staff over the Internet — will pay $33.75 per share. That’s a 53 percent premium to ExactTarget’s Monday closing price of $22.10. The companies put the deal’s value at approximately $2.5 billion.

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