Microsoft Is Buying Linkedin For $26.2 Billion In An All-cash Deal - Business - Nairaland
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Microsoft Buys Linkedin For $26.2 Billion / Microsoft Buys Linkedin For $26.2B In Cash, As Bill Gates Makes Big Move Into So / Microsoft Is Buying Linkedin For $26.2 Billion In An All-cash Deal (2) (3) (4)
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| Microsoft Is Buying Linkedin For $26.2 Billion In An All-cash Deal by 2wizkids(m): 3:34pm On Jun 13, 2016 |
Microsoft is buying LinkedIn for $26.2 billion in an all-cash deal, the company announced on Monday. Microsoft will pay $196 per share for the company. LinkedIn CEO will remain CEO of the professional social network, and will report to Microsoft CEO Satya Nadella. Under the terms of the acquisition, LinkedIn will maintain its "distinct brand, culture, and independence," and Microsoft says LinkedIn cofounder and chairman of the board Reid Hoffman and Weiner "both fully support" the purchase. LinkedIn currently has 443 million members and 105 million monthly active unique visitors. Cofounder Reid Hoffman calls the deal a "re-founding moment" for the company, which went public in 2011. The deal is expected to be completed this calendar year. SOURCE http://www.techinsider.io/microsoft-buys-linkedin-2016-6 |
| Re: Microsoft Is Buying Linkedin For $26.2 Billion In An All-cash Deal by magabounce(m): 3:58pm On Jun 13, 2016 |
Wow!!!! Dats cool |
| Re: Microsoft Is Buying Linkedin For $26.2 Billion In An All-cash Deal by 2wizkids(m): 4:13pm On Jun 13, 2016 |
one time they are going to integrate linkdin to office 365 and other microsoft products and services, it was a very nice move |
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