Business > Market

Slack surges 7% on report that Salesforce takeover will be announced Tuesday afternoon at a premium

1 month ago   |   By Business Insider

Summary List Placement
Slack jumped as much as 7% on Monday after CNBC reported the company's deal with Salesforce will be announced after markets close on Tuesday.
Salesforce is set to price Slack at a premium to its current stock price. The workplace-communications company has rallied roughly 64% since the first reports of a Salesforce deal.
The acquisition is set to be Salesforce's largest ever and among the largest in the sector.
Watch Slack trade live here .
Slack rallied as much as 7% on Monday after CNBC reported Salesforce's acquisition of the company will be announced after...
Read more ...

 

Salesforce deal to buy Slack expected to be announced Tuesday after market close

Salesforce deal to buy Slack expected to be announced Tuesday after market close

1 month ago   |   By CNBC

The deal is expected to be about half cash and half stock and will price Slack at a premium to its current price.
Read more ...

 


Search by Tags

   Market  


'They were provoked by the president': Mitch McConnell blames Trump for...

'They were provoked by the president': Mitch McConnell blames Trump for deadly Capitol riots

Summary List Placement Senate Majority Leader Mitch McConnell on Tuesday directly blamed President Donald Trump for motivating the violent Capitol riots that took place on... Read more ...

'To heal, we must remember': Biden paid tribute to 400,000 Americans lost to...

'To heal, we must remember': Biden paid tribute to 400,000 Americans lost to COVID-19 with moving ceremony at Lincoln Memorial

Summary List Placement President-elect Joe Biden paid tribute to the 400,000 lives that were lost due to COVID-19 on Tuesday at a memorial erected at the reflecting pool by the... Read more ...

How to watch UFC 257: Conor McGregor returns to the octagon for a PPV match...

How to watch UFC 257: Conor McGregor returns to the octagon for a PPV match on ESPN+ this Saturday

Summary List Placement Conor McGregor and Dustin Poirier will face off at UFC 257 on January 23. McGregor beat Poirier in 2014 when they were both featherweights. The main card... Read more ...

'I don't know how some people sleep at night': Former Fox News host Shepard...

'I don't know how some people sleep at night': Former Fox News host Shepard Smith unloads on the network, calling out those who 'propagated the lies'

Summary List Placement Shepard Smith, the former Fox News host now anchoring his own show at CNBC, unloaded on his former employer in a new interview with CNN's Christiane... Read more ...

Amazon-backed Aurora just inked a major deal to put its self-driving...

Amazon-backed Aurora just inked a major deal to put its self-driving software in semi trucks

Summary List Placement Autonomous vehicle startup Aurora on Tuesday announced a key partnership that brings it closer to its goal of deploying self-driving trucks. The... Read more ...

Biden will move to implement his $2 trillion climate plan on day 1 to...

Biden will move to implement his $2 trillion climate plan on day 1 to bolster the economy and kick off the new administration's fight against climate change

Summary List Placement Climate change is at the top of President-elect Joe Biden's funding agenda once he assumes office on Wednesday, as the new administration looks to add... Read more ...

This pitch deck won cloud backup firm Rewind $15 million in funding

This pitch deck won cloud backup firm Rewind $15 million in funding

Summary List Placement Rewind, the Canadian cloud backup startup, just raised $15 million in a Series A funding round led by Inovia Capital. Founded in 2015, Toronto-based... Read more ...

The Biden rescue plan could boost 2021 GDP growth to 11.4%, JPMorgan global...

The Biden rescue plan could boost 2021 GDP growth to 11.4%, JPMorgan global chief strategist says

Summary List Placement President-elect Joe Biden's $1.9 trillion rescue plan could boost nominal GDP growth to 11.4% year-over-year by the end of 2021, says JPMorgan's David... Read more ...

The Biden rescue plan could boost 2021 GDP growth to 11.4%, JPMorgan global...

The Biden rescue plan could boost 2021 GDP growth to 11.4%, JPMorgan global chief strategist says

Summary List Placement President-elect Joe Biden's $1.9 trillion rescue plan could boost nominal GDP growth to 11.4% year-over-year by the end of 2021, says JPMorgan's David... Read more ...

A stunning art installation of nearly 200,000 US flags has filled the...

A stunning art installation of nearly 200,000 US flags has filled the National Mall, representing Americans who can't attend Biden's inauguration

Summary List Placement Ahead of President-elect Joe Biden's inauguration on Wednesday, nearly 200,000 American flags were installed on the National Mall, representing the tens... Read more ...