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Uncle Sam s Department of Justice isn t Slacking over $28bn Salesforce merger

Hold up, just a few more questions. Lindsay Clark Wed 17 Feb 2021 // 13:33 UTC Share Copy The US Department of Justice has written to Salesforce and Slack to ask a few questions about December s $28bn merger announcement. Although complying with the request could potentially delay the deal, Salesforce said it anticipated completing the transaction during its fiscal quarter ending 31 July 2021. The legal to-and-fro relates to the antitrust division of the DoJ sending a so-called second request to the companies asking for additional information and documentary material. Technically, the request extends the waiting period (under the Hart-Scott-Rodino Antitrust Improvements Act of 1976) until 30 days after Salesforce and Slack have complied with the request.

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