Published on June 14, 2016 by Microsoft
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Microsoft Corp. and LinkedIn Corporation on 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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2 Comments on "Satya Nadella & Jeff Weiner provide an update on Microsoft acquiring LinkedIn"

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ikourfaln
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ikourfaln
1 year 6 months ago

Microsoft acquired Xamarin, now LinkedIn. Whats next ?
I think its Slack ?!! bcz Microsoft looks for Communities that contains developers and IT professionals

CarlD
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CarlD
1 year 6 months ago

Interesting development – didn't see that one coming! Will be interesting to see how this plays out in the coming years.

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