Microsoft to Buy LinkedIn for $26.2 Billion in Cash

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In its largest deal ever, yesterday Microsoft (NASDAQ: MSFT) announced that it is buying professional network LinkedIn for $26.2 billion, or $196 per share, in an all-cash transaction. According to the announcement, LinkedIn “will retain its distinct brand, culture and independence,” and Jeff Weiner will remain CEO. He will report to Microsoft CEO Satya Nadella.

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