Salesforce slumps as dealReporter states M&A talks are slow

• Sources tell dealReporter Salesforce (CRM -1.9%) buyout talks are currently quiet, and that a deal could take time. Shares have moved lower in response.
• Salesforce, quite volatile over the last 3 weeks as various M&A rumors have emerged and been refuted, remains up 6% from where it traded before Bloomberg first reported the company had been approached by a potential acquirer on April 29. FQ1 results arrive tomorrow afternoon.