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  Microsoft to buy LinkedIn for $26.2 billion in cash

  Publié: juin 13, 2016, 3:03pm CEST par Mark Wilson

  In a surprise announcement, Microsoft has said that it is to buy LinkedIn for $26.2 billion in cash. The $196 per share deal is expect to close by the end of this calendar year having been unanimously approved by both companies' Boards of Directors. Following the acquisition, LinkedIn will retain its current branding and Jeff Weiner will remain on as CEO, reporting to Microsoft CEO Satya Nadella. LinkedIn will become part of Microsoft’s Productivity and Business Processes segment. In a statement, Nadella said: "The LinkedIn team has grown a fantastic business centered on connecting the world’s professionals. Together we can… [Continue Reading]