Shares of Slack rose as much as 32% Wednesday following a Wall Street Journal report that Salesforce held talks to buy the company.Salesforce stock dropped around 4% on the news.The deal would likely value Slack at more than its market cap of $17 billion, according to the report. However, Slack’s market cap ballooned to more than $20 billion following the WSJ report.Salesforce has been on an acquisition spree, taking advantage of its market cap growth in recent years to buy growing companies. It acquired MuleSoft for $6.5 billion in 2018, the company’s biggest deal ever at the time, to help connect cloud applications. …
