MICROSOFT BUYS LINKEDIN FOR $26.2 BILLION
Getty Images/Mat Hayward
Microsoft is buying LinkedIn for $26.2 billion, the company announced on Monday. Microsoft will pay $196 per share for the company.
LinkedIn CEO will remain CEO of the professional social network, and will report to Microsoft CEO Satya Nadella.
Under the terms of the acquisition, LinkedIn will maintain its "distinct brand, culture, and independence."
The deal is expected to be completed this calendar year.
- A student who accidentally became a millionaire with a cult following after selling his expressionless selfies as NFTs says he feels confused
- Internship at Bureau of Police Research & Development: Checkout all the details including last date, eligibility and stipend
- One of the largest cryptocurrency swapping platforms just lost $1.3 million as users failed to update approvals
- Google to open its new office in Pune this year, will hire cloud technology experts
- Unacademy's latest advertisement with brand ambassador MS Dhoni encapsulates his life lessons in a production masterpiece
- Around 50% of COVID-19 infected may have lasting loss of smell, says study
- Ola Electric raises another $200 million, this time at a valuation of $5 billion
- South Central Railway cancels 36 MMTS trains in Hyderabad