Salesforce named three new directors to its board, and said two long-serving members would exit the board at the next annual meeting, as it girds for a fight with activist investors such as Elliott Management that have bought into the stock. The makeup of Salesforce’s board has come under scrutiny since Elliott, along with two other activists, appeared earlier this week amid complaints about...
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Musk Puts $20 Billion Value on Twitter

Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals. As Musk has...
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