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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...
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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.
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