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Slack considering direct listing - report

Monday 14 January 2019 | 09:01 CET | News
Workplace productivity app Slack Technologies could follow in the footsteps of Spotify and go public through a direct listing, the Wall Street Journal reported. Sources familiar with the matter said plans could still change. The move is expected to take place in the second quarter. A direct listing lets the market play a greater role in setting the price, with companies not holding road shows or other typical IPO events to line up investors beforehand. 

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Categories: Internet
Companies: Softbank
Countries: World
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