*Why Is Microsoft Buying LinkedIn?

by Paul Thurrott ….. 

Yesterday, Microsoft pulled the trigger on the blockbuster purchase of LinkedIn in an all-cash deal valued at an incredible $26.2 billion. This isn’t just Microsoft’s biggest acquisition ever, it’s one of the biggest tech acquisitions of all time. And it raises plenty of questions.

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*Microsoft’s Press Release on it’s Acquisition of LinkedIn

By The Editor…..

Here is the official Press Release from Microsoft regarding it’s acquisition of LinkedIn:

REDMOND, Wash., and MOUNTAIN VIEW, Calif. — June 13, 2016 — Microsoft Corp. (Nasdaq: MSFT) and LinkedIn Corporation (NYSE: LNKD) on Monday announced they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash. LinkedIn will retain its distinct brand, culture and independence. Jeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella, CEO of Microsoft. Reid Hoffman, chairman of the board, co-founder and controlling shareholder of LinkedIn, and Weiner both fully support this transaction. The transaction is expected to close this calendar year.

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*Breaking News: Microsoft to Acquire LinkedIn for $26.2 Billion

By Swati Khandelwal …..

Breaking News for today:

Microsoft has announced that it is planning to acquire LinkedIn, the social network for professionals, for $26.2 Billion in cash.

Yes, Microsoft announced today that it would buy LinkedIn for $196 per share in an all-cash transaction valued at $26.2 BILLLLLLION.  It is so far the biggest acquisition made by Microsoft, which has made 8 takeovers, including Skype in 2011 and Nokia in 2013, worth more than $1 Billion.

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