WORK - Is Salesforce Paying Too Much for Slack?
Salesforce (NYSE: CRM) recently agreed to purchase workplace collaboration platform Slack (NYSE: WORK) in a $27.7 billion deal, making it the company's largest acquisition yet. While there are certainly arguments to be made that Slack is an excellent complement to Salesforce's product suite, there are many analysts and investors who believe the price tag of this cash-and-stock deal is too high.
In this Nov. 30 Fool Live video clip, Fool.com contributor Matt Frankel, CFP, and Industry Focus host Jason Moser discuss whether Slack could be worth the high price Salesforce is paying, and if shareholders should be disappointed the company is no longer going to be an independent operation.
For further details see:
Is Salesforce Paying Too Much for Slack?