Locked: Microsoft buys LinkedIn for $26B

deskpro2k3

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deskpro2k3 on 13 June 2016

sources:

CBCNEWS

Techcruch.com

Microsoft head honcho, the big cheese, Kingpin, Dictator, Master, Tyrant, Bigwig, Big wheel, CEO Satya Nadella says the two companies can help each other grow.

Microsoft announced it would pay $196 US for every LinkedIn share, a 49 per cent premium from Friday's closing price.

"The LinkedIn team has grown a fantastic business centered on connecting the world's professionals," Microsoft CEO Satya Nadella said. "Together we can accelerate the growth of LinkedIn, as well as Microsoft."

Snoopy

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Snoopy on 13 June 2016

Damn Microsoft, talk about a huge purchase. Not sure why they did it, there must be a lot of money to be gained. This goes to show Microsoft loves services.