Slack takeover gave us a 48% gain!

Article Excerpt

SLACK TECHNOLOGIES $45.58 (formerly symbol WORK on New York) provides firms with an online platform to help their teams of workers communicate through chat and direct messaging. has now completed its acquisition of Slack for $27.7 billion. That equates to $45.58 for each Slack share. When we first recommended Slack in our September 2019 issue at $30.80 a share, we said we thought that a tech giant could make a takeover offer for the company. Still, we’re sorry to see Slack go—we thought it had even more long-term growth potential in store for our subscribers. However, the Salesforce takeover has now handed our subscribers a stellar gain of 48%! 48%!…

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