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Monday, June 24, 2024
HomeNewsEconomyMicrosoft to Buy LinkedIn For $26.2B

Microsoft to Buy LinkedIn For $26.2B


Outside Microsoft ‘s headquarters in Redmond, Washington, near Seattle. (Photo: AP)

Microsoft Corp (NASDAQ:MSFT) announced in a blog post it agreed to buy LinkedIn Corp for $26.2 billion in cash. The offer of $196 per share represents a premium of 49.5 percent to LinkedIn’s Friday closing price.

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