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Salesforce Signs Definitive Agreement to Acquire Slack

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Re: Salesforce Signs Definitive Agreement to Acquire Slack

#81
post #63

I'm a bit confused by what this means for WORK shareholders. "Under the terms of the agreement, Slack shareholders will receive $26.79 in cash and 0.0776 shares of Salesforce common stock for each Slack share, representing an enterprise value of approximately $27.7 billion based on the closing price of Salesforce’s common stock on November 30, 2020." Lets say you own 100 shares of WORK. Does that mean you get both 1.…

$2,679 in cash

Re: Salesforce Signs Definitive Agreement to Acquire Slack

#84
post #63

I'm a bit confused by what this means for WORK shareholders. "Under the terms of the agreement, Slack shareholders will receive $26.79 in cash and 0.0776 shares of Salesforce common stock for each Slack share, representing an enterprise value of approximately $27.7 billion based on the closing price of Salesforce’s common stock on November 30, 2020." Lets say you own 100 shares of WORK. Does that mean you get both 1.…

$2,679 in cash and the fractional shares of CRM (0.76) will likely be converted to cash as well at some market rate.

Re: Salesforce Signs Definitive Agreement to Acquire Slack

#85

Having gone through many corporate chat transitions, I'm curious where we are headed next or when it will circle back. We already use Salesforce products so I don't see Slack going away unless something much better comes along. MSN / AIM, IRC, Google Chat, Campfire, HipChat, Slack / Discord, ???

Don't forget Lync / Skype for Business!

Re: Salesforce Signs Definitive Agreement to Acquire Slack

#87
post #7

This is a major win for Discord.

It's a major opportunity for them, for sure. They are still missing some features I find critical, but they really have things figured out with integrated voice/video communications in the app. The one feature I wish they'd clone from Slack are threaded replies. I know they're rolling out a new way to reply, but it still makes the chat flow messy. I really enjoyed the way Slack allows for breakout threads/replies to…

Oh my god the absolute worst thing about slack are threads. Can we please not bring them to anything else? how do they provide any value whatsoever other than making it hard to realize someone responded to you?

Signed, Someone who used IRC for decades

Re: Salesforce Signs Definitive Agreement to Acquire Slack

#88
post #2

Damn. I can't see how this ends well for Slack users in the long term. > Combining Slack with Salesforce Customer 360 will be transformative for customers and the industry. The combination will create the operating system for the new way to work, uniquely enabling companies to grow and succeed in the all-digital world. Oh. Oh no.

> The combination will create the operating system for the new way to work, uniquely enabling companies to grow and succeed in the all-digital world.

I'm just complaining, but... Why do people write things like this? I see it in my own employer and our marketing material, too. It's confusing bullshit that is devoid of any meaning.

Re: Salesforce Signs Definitive Agreement to Acquire Slack

#89
post #63

I'm a bit confused by what this means for WORK shareholders. "Under the terms of the agreement, Slack shareholders will receive $26.79 in cash and 0.0776 shares of Salesforce common stock for each Slack share, representing an enterprise value of approximately $27.7 billion based on the closing price of Salesforce’s common stock on November 30, 2020." Lets say you own 100 shares of WORK. Does that mean you get both 1.…

100 shares of WORK will be converted to $2679 and 7.76 shares of CRM. Where did you get 43.84 from?

The current value of WORK doesn't matter, it's the closing price on 11/30. The stock price will effectively be pinned at that now since nobody will want to trade at another price.

Re: Salesforce Signs Definitive Agreement to Acquire Slack

#90
post #63

I'm a bit confused by what this means for WORK shareholders. "Under the terms of the agreement, Slack shareholders will receive $26.79 in cash and 0.0776 shares of Salesforce common stock for each Slack share, representing an enterprise value of approximately $27.7 billion based on the closing price of Salesforce’s common stock on November 30, 2020." Lets say you own 100 shares of WORK. Does that mean you get both 1.…

No, it means you get

1. $2679 in cash (100 * 26.79)

and

2. 7.76 shares of CRM (100 * .0776)

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