ValueAct increases Salesforce stake to nearly $1 billion, sending shares up

G. Mason Morfit, chief executive officer and chief investment officer of ValueAct Capital, speaks virtually during the Active-Passive Investor Summit in New York, U.S., on Tuesday, Oct. 18, 2022.Mason Morfit, Salesforce board member and co-CEO of activist investor ValueAct, has increased his stake in Marc Benioff's software firm to just under $1 billion, acquiring $99 million worth of shares earlier this week, just days after the company reported its first revenue miss since 2006.The trade was disclosed in ...