Surprise, surprise. Microsoft has just announced a deal to acquire social media Site for professionals LinkedIn for $196 per share Monday. The all-cash deal is valued at US $26.2 billion.
Microsoft chief Satya Nadella wrote this internal email to Microsoft employees:
I’m excited to share that today Microsoft announced a deal to acquire LinkedIn. You can see how Jeff Weiner, the CEO of LinkedIn, and I envision the opportunity ahead in this public presentation.
This deal brings together the world’s leading professional cloud with the world’s leading professional network. I have been learning about LinkedIn for some time while also reflecting on how networks can truly differentiate cloud services. It’s clear to me that the LinkedIn team has grown a fantastic business and an impressive network of more than 433 million professionals.
Microsoft to Acquire LinkedIn for $26.2 Billion – Wall Street Journal
http://news.google.com Jun 13, 2016
Microsoft Corp. on Monday said it has reached a deal to buy LinkedIn Corp., the professional social-networking company, for $26.2 billion in cash. Microsoft will pay …
Microsoft agrees to buy LinkedIn in all-cash deal valued at $26.2 billion – MarketWatch
http://news.google.com Jun 13, 2016
Microsoft Corp. MSFT, -0.27% said Monday it has agreed to acquire LinkedIn Corp. LNKD, -3.98% in an all-cash deal valued at $26.2 billion. In a blog post, Microsoft s …
Microsoft to buy LinkedIn for $26 billion – CNNMoney
http://news.google.com Jun 13, 2016
Microsoft announced it’s buying the professional social network company LinkedIn Monday in a cash deal valued at $26.2 billion. Microsoft (MSFT, Tech30) is paying $196 per share for LinkedIn …
Microsoft to acquire LinkedIn for $26.2 billion – The Verge
http://news.google.com Jun 13,2016 1
Microsoft is announcing today that it plans to acquire LinkedIn for $26.2 billion. Microsoft’s deal to acquire the work-focused social networking giant is an all-cash transaction, and …
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