Home Tech/AITech news Breaking-Microsoft acquires LinkedIn in a $26.2 billion deal

Breaking-Microsoft acquires LinkedIn in a $26.2 billion deal

by Ghada Ismail

Microsoft Corp said in a blog post it agreed to buy LinkedIn Corp for $26.2 billion in cash.

The offer of $196 per share represents a premium of 49.5 percent to LinkedIn’s Friday closing price.

Source: Reuters

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