Friday, 7 July 2017

Microsoft To Buy LinkedIn For $26.2B

(Reuters) – Microsoft Corp <MSFT.O> agreed to buy LinkedIn Corp <LNKD.N> for $26.2 billion in cash, the companies said in a statement on Monday. The offer of $196 per share represents a premium of 49.5 percent to LinkedIn’s Friday closing price. “Today is a re-founding moment for LinkedIn,” Reid Hoffman, chairman of LinkedIn’s board, said […]

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