Informatica Stock Tumbles After Ending Speculation About Salesforce Buyout

Key TakeawaysInformatica will not be sold to Salesforce, the company said Monday, after negotiations around a roughly $10 billion deal reportedly faltered.Earlier this month, The Wall Street Journal reported that the sides were in "advanced talks" on an acquisition.However, Informatica said Monday the company "is not currently engaged in any discussions to be acquired."Informatica stock dropped sharply following the announcement, while Salesforce shares were slightly higher Monday. Data management company I ...