Joseph K
Why Salesforce reportedly making a huge play for Slack isn't a shock
Slack shares have had a chilly reception to its past two earnings reports, so it’s not a surprise to see a behemoth like Salesforce rumored to be kicking the tires on a big deal for the workplace communications player. Shares of Slack (WORK) shot up more than 24% in afternoon trading Wednesday on a report from The Wall Street Journal the company has held preliminary deal talks with Salesforce (CRM). Spokespeople for Slack and Salesforce didn’t respond to Yahoo Finance’s request for comment. The WSJ report suggested Salesforce would be willing to pay a nice premium for Slack.
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