TEAM - Slack: Salesforce Gulped Up The 'Enterprise Social Network' For Cheap A Blow To Slack Shareholders
- Salesforce signed a definitive agreement to acquire Slack at a cash plus share deal on December 1st, 2020.
- For Slack investors, this is an unwelcome farewell. Q3'2021 results were phenomenal, making it more difficult to part ways with Slack shares.
- For Salesforce investors, this is a ‘match made in heaven!’ The deal upgrades Customer 360, brings new capabilities to take on Microsoft.
- We review Slack’s Q3’21 results and explain what will happen to Slack shares.
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Slack: Salesforce Gulped Up The 'Enterprise Social Network' For Cheap, A Blow To Slack Shareholders