Concur Technologies considers sale of company: Bloomberg

(Reuters) - Travel management and expense software maker Concur Technologies Inc is exploring sale of the company and has approached Oracle Corp and Germany's SAP SE, Bloomberg reported citing people with knowledge of the matter. The company is working with an investment bank on the sale, the report said. The stock closed at $100.95 on the Nasdaq on Tuesday, valuing the company $5.7 billion. Concur spokeswoman Danielle Adams said the company does not comment on rumors or speculation.



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