Microsoft to buy LinkedIn for $26.2 billion

“Microsoft announced a $26.2 billion deal on Monday to acquire professional social platform LinkedIn for $196 per share. Shares of LinkedIn surged 48 percent after the announcement, while Microsoft’s stock was down 4 percent. Trading in Microsoft had been halted briefly for news pending before the announcement of the all-cash deal. Jeff Weiner will stay … Continue reading Microsoft to buy LinkedIn for $26.2 billion