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Salesforce.com inc. closes Quip purchase

Salesforce.com Inc. on Aug. 26 closed its deal to acquire Quip Inc. for a transaction value of $410.0 million.

In addition to general closing conditions, the deal required additional review for antitrust concerns.

Morrison & Foerster LLP and Shearman & Sterling LLP were the legal advisers for Salesforce.com inc.

Fenwick & West LLP was the legal adviser for Quip.