Microsoft is buying LinkedIn in an all-cash transaction valued at $26.2 billion (at $196 per share). LinkedIn will continue to operate independently and will retain its brand after the acquisition. LinkedIn CEO Jeff Weiner will report to Microsoft CEO Satya Nadella following the acquisition. The transaction is expected to be finalized by the end of this year.
Microsoft is buying LinkedIn in an all-cash transaction valued at $26.2 billion (at $196 per share). LinkedIn will continue to operate independently and will retain its brand after the acquisition. LinkedIn CEO Jeff Weiner will report to Microsoft CEO Satya Nadella following the acquisition. The transaction is expected to be finalized by the end of this year.
Share this Article
Recommended