Salesforce

Salesforce now faces the very real threat of activist shareholders ousting its board and forcing the sale of mega-acquisitions like Slack and Tableau.

Salesforce now faces the very real threat of activist shareholders ousting its board and forcing the sale of mega-acquisitions like Slack and Tableau.

Salesforce is now being targeted by a second activist investor: Elliott Management. Activist investors could overhaul Salesforce’s board of directors and force it to divest from acquisitions like Slack. The entire Salesforce board of directors is up for re-election this year, giving campaigners a window to act. loading Something is loading. Thank you for your …

Salesforce now faces the very real threat of activist shareholders ousting its board and forcing the sale of mega-acquisitions like Slack and Tableau. Read More »

Activist investor Elliott acquires a stake in Slack owner Salesforce

American activist investor Elliott Investment Management has taken a multi-billion dollar stake in Salesforce, the business software company that owns the Slack messaging platform. Elliott, which typically buys stakes in underperforming companies and is seeking to change the way they are managed, said it was looking forward to working “constructively” with the San Francisco-based company, …

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Activist Elliott takes a multi-billion dollar stake in Salesforce

Activist Elliott takes a multi-billion dollar stake in Salesforce

(Bloomberg) — Hedge fund Elliott Investment Management has acquired a large activist stake in Salesforce Inc. , after layoffs and a deep faint in the giant enterprise software company. Most Read from Bloomberg said Jesse Cohn, managing partner at Elliott, referring to the co-CEO and chairman of the board. “We look forward to working constructively …

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Walmart has struck a deal with Salesforce to sell more of its technology to other retailers

Walmart has struck a deal with Salesforce to sell more of its technology to other retailers

With the increasing time constraints in retail, Walmart Chasing a new side hustle. The retail giant, known for selling groceries, toothpaste, toys and more in its supermarkets, wants to sell more technology and services to other companies. On Thursday, it announced a deal with sales force to ramp up sales of its GoLocal delivery service, …

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