© Reuters. FILE PHOTO: The company logo for Salesforce.com is displayed on the Salesforce Tower in New York City, U.S., March 7, 2019. REUTERS/Brendan McDermid
(Reuters) – Starboard Value LP has taken a stake in Salesforce (NYSE:) Inc, CNBC reported, the activist investment firm’s founder, Jeff Smith, told CNBC.
Shares of the software firm rose more than 7% in trading before the bell.
Salesforce and Starboard did not immediately respond to Reuters’ requests for comment.
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