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Microsoft to Acquire LinkedIn for $26.2 Billion

Microsoft to Acquire LinkedIn for $26.2 BillionWhen it comes to acquisitions, Microsoft are one of the top players with having more than eight acquisitions over a billion dollar. Well, this time it seems that they have spread a huge web to acquire something big and that is none other than the professional social network LinkedIn. According to recent reports, Microsoft has recently announced that they will be acquiring the professional social network platform LinkedIn for $26.2 billion at all cash transaction for $196 per share.Even after this acquisition, there will be no structural changes in LinkedIn which means Jeff Weiner will still remain the CEO of LinkedIn and will report to Microsoft CEO Satya Nadella. Continue reading Microsoft to Acquire LinkedIn for $26.2 Billion