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Microsoft to buy LinkedIn for $26.2 billion

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  • 13-06-2016 3:14pm
    #1
    Closed Accounts Posts: 34,809 ✭✭✭✭


    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.
    http://www.cnbc.com/2016/06/13/microsoft-to-buy-linkedin.html


    And I thought the tech bubble had slowed down...


Comments

  • Registered Users Posts: 8,480 ✭✭✭Gloomtastic!


    Madness alright. Absolute madness!! MS shares only down 4% on the news........ :rolleyes:


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