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Deals Rumor Mill: Slack, KKR, GlaxoSmithKline

By Adam Rhodes ( June 19, 2019, 8:00 PM EDT) -- The reference price for Slack Technologies' initial public offering is set at $26 per share, the Wall Street Journal reported Wednesday. Citing anonymous sources, the outlet reported that the workplace messaging company is also expected to be valued at roughly $15.7 billion in the offering. The company is slated to go public in a direct listing on Thursday, under which it opted to save money on underwriter fees and provide existing shareholders the opportunity to sell shares without the usual IPO restrictions....

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