CRM - Slack Technologies nears highs on report DOJ likely to approve Salesforce deal

Slack Technologies (WORK) neared session highs, up 3%, after a report that Salesforce's (CRM) planned acquisition is likely to get approved by the DOJ without remedies. Salesforce gained 5.7%.The DOJ appears to be ready to make a decision on the deal soon, according to a CTFN report. No specific timeline was given.Yesterday, Salesforce said in its earnings releases that expects its Slack acquisition to close later in fiscal Q2.In late March, the Slack CEO said he doesn't anticipate any problems with DOJ approval for Salesforce deal after the company in February received a "second request" from the antitrust regulator last month.

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Slack Technologies nears highs on report DOJ likely to approve Salesforce deal