What the Salesforce Slack acquisition means for investors

Salesforce.com, inc. (NYSE: CRM) announced yesterday the acquisition of Slack Technologies (NYSE: WORK). Since rumours first broke of the announcement of the acquisition, Slack shares bounced from $29 to $40 a share. The definitive agreement marks an estimated enterprise value of $27.7 billion based upon Salesforce’s current trading price. The transaction is expected close in …