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The Guardian - UK
The Guardian - UK
Business
Dan Milmo and agency

Activist investor Elliott takes stake in Slack owner Salesforce

An attendee walks by the company logo during Slack’s Frontiers conference
Salesforce bought the Slack messaging platform in July 2021. Photograph: Noah Berger/AFP/Getty Images

The US activist investor firm Elliott Investment Management has taken a multibillion-dollar stake in Salesforce, the business software company that owns the Slack messaging platform.

Elliott, which typically buys stakes in underperforming companies and seeks changes to the way they are run, said it was looking forward to working “constructively” with the San Francisco-based company, without revealing any strategic proposals.

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