Microsoft to Acquire LinkedIn for $26.2 Billion

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Microsoft will acquire the largest professional social network (LinkedIn) for $26.2 billion. This will be an all-cash deal in which Microsoft will pay $196 per share. It will be the fifth largest tech deal until now. This deal will be completed by the end of this year and LinkedIn Jeff Weiner will keep his job as CEO of LinkedIn.

Source: Techcrunch

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