Evidence receipt / belief
Published · transcript-backedDavid Rosenthal: belief
2 Dec 2020 Acquired Special: Slack + Salesforce Emergency Pod with Packy McCormick of Not Boring
“A little heavier on the stock in the cash piece (I think) if I'm right, but roughly 50/50, like 55% or 57% stock.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 2 Dec 2020
- Publisher
- Acquired
Transcript context
…Hawaiiguy72 just signed up. He got the memo. He got the post today in Salesforce earnings, $27.7 billion, total purchase price, works out to $45.86 a share in cash and stock. A little heavier on the stock in the cash piece (I think) if I'm right, but roughly 50/50, like 55% or 57% stock. That's a 55% premium to where Slack was trading before the news was leaked last week, 85% premium to the most recent Slack stock price crash after their earnings in September. We should be clear. Is this the first time that the price per share is above the very first day of trading? I think so.…
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