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Salesforce Announces Extension of the Expiration Date and Revisions to Consent Solicitation
February 8, 2021 GMT
Salesforce (PRNewsFoto/salesforce.com) (PRNewsfoto/Salesforce)
SAN FRANCISCO, Feb. 8, 2021 /PRNewswire/ salesforce.com, inc. (NYSE:CRM), a Delaware corporation (the “Company”) announced today the extension of the expiration of its previously announced solicitation of consents (the “Consent Solicitation”), on behalf of Slack Technologies, Inc., a Delaware corporation (“Slack”), to adopt certain proposed amendments (the “Amendments”) to the indenture, dated as of April 9, 2020 (the “Indenture”), among Slack and U.S. Bank National Association, as trustee (the “Trustee”), governing Slack’s $862,500,000 in aggregate principal amount of 0.50% Convertible Senior Notes due 2025 (the “Slack Notes”).
The tech industry’s titans were already huge before Covid-19, the subject of soaring valuations and snowballing antitrust investigations. The pandemic has only made them bigger. A lot bigger.
Microsoft CEO Nadella Bets Businesses Are Ready to Spend Big on Employee Software
02/04/2021 | 10:14am EDT
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By Aaron Tilley Microsoft Corp. Chief Executive Satya Nadella is betting the Covid-19 crisis has spawned demand for digital tools that will outlast the pandemic and says there is a growing appetite for all-encompassing employee management applications that the company is going after. On Thursday, the company unveiled its first set of apps for a new suite of employee management tools, called Viva. The package is designed to offer in one place software for human resource functions like payroll, management tools to track employee performance and resources for staff covering benefits, career development and other aspects of their life at work.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Salesforce Announces Extension of the Expiration Date for Consent Solicitation
February 2, 2021 GMT
Salesforce (PRNewsFoto/salesforce.com) (PRNewsfoto/Salesforce)
SAN FRANCISCO, Feb. 2, 2021 /PRNewswire/ salesforce.com, inc. (NYSE:CRM), a Delaware corporation (the “Company”) announced today the extension of the expiration date of its previously announced solicitation of consents (the “Consent Solicitation”), on behalf of Slack Technologies, Inc., a Delaware corporation (“Slack”), to adopt certain proposed amendments (the “Amendments”) to the indenture, dated as of April 9, 2020 (the “Indenture”), among Slack and U.S. Bank National Association, as trustee, governing Slack’s $862,500,000 in aggregate principal amount of 0.50% Convertible Senior Notes due 2025 (the “Slack Notes”). The Company hereby extends such expiration date from 5:00 p.m., New York City time, o