Law360 (January 11, 2019, 7:10 PM EST) -- The company behind workplace instant-messaging app Slack is planning on taking a leaf out of Spotify's book and undertaking a direct listing, the Wall Street Journal reported on Friday. According to the report, Slack Technologies Inc. would likely go public via a direct listing in the coming months. The outlet cautioned, however, that other plans could emerge. Spotify went public via direct listing in April. By going the direct listing route, the streaming giant opted to save money on underwriter fees and provide existing shareholders the opportunity to sell shares without the usual IPO restrictions.
Chinese conglomerate Dalian Wanda plans to...
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