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What Is Salesforce CEO Marc Benioff Trying to Do With Slack? Cramer Explains

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Slack  (WORK)  shareholders will receive $26.78 in cash and 0.0776 a share of Salesforce  (CRM)  common stock for each Slack share, representing a 55% premium to Slack’s price on Nov. 24, the day before reports surfaced about a potential deal.

Following a conversation with Salesforce CEO Marc Benioff on "Mad Money," Jim Cramer explains what he thinks Benioff is trying to accomplish with the deal in the video above. 

Watch: Everything Jim Cramer Is Watching in the Markets Wednesday

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