Huge news today in the world of M&A in enterprise and social networking services: Microsoft has announced that it is acquiring LinkedIn, the social network for professionals with some 433 million users, for $26 billion, or $196 per share, in cash. The transaction has already been approved by both boards. The $196 offer is a big hike on its closing price from Friday, $131.08. (And in… Read More
Monday, June 13, 2016
Microsoft to buy LinkedIn for $26.2B in cash, makes big move into enterprise social media
Huge news today in the world of M&A in enterprise and social networking services: Microsoft has announced that it is acquiring LinkedIn, the social network for professionals with some 433 million users, for $26 billion, or $196 per share, in cash. The transaction has already been approved by both boards. The $196 offer is a big hike on its closing price from Friday, $131.08. (And in… Read More
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