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Home › Microsoft buys LinkedIn for USD 26.2 bln

 

Microsoft buys LinkedIn for USD 26.2 bln

2016-06-13 14:49:00| Telecompaper Headlines

(Telecompaper) Microsoft has agreed to fully acquire LinkedIn for USD 196 per share in an all-cash transaction valued at USD 26.2 billion. Under the deal, which includes LinkedIn´s net cash, the company will retain its brand, culture and independence, and Jeff Weiner will remain CEO, reporting to Microsoft chief Satya Nadella.

Tags: microsoft usd buys linkedin

Category:Telecommunications

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