Jun, 2016 : Microsoft Will Acquire LinkedIn in $26.2 Billion Deal


📅 - On Monday morning, Microsoft announced that it plans to acquire LinkedIn in a deal valued at $26.2 billion. Bloomberg says the valuation is about 91 times LinkedIn's earnings before interest, taxes, depreciation, and amoritization – the highest multiple of any acquisition in its class this year.

LinkedIn CEO Jeff Weiner will continue in his role.

Read more here.

Reads: 1004 | Category: General | Source: TheHN : The Hosting News

Want to add a website news or press release ? Just do it, it's free! Use add web hosting news!