LinkedIn shares jumped 46.6 per cent on Monday after Microsoft announced it would buy online networking company the for $26.2 billion in its biggest-ever deal as Wall Street stumbled for a third straight session.
Microsoft is going to buy LinkedIn for $26.2 billion and it's best thing for LinkedIn, says its CEO Jeff Weiner. In a letter to LinkedIn's employees, Weiner goes on to explain why he thinks the deal is good for the profession
In a big announcement for the tech world, Microsoft on Monday announced that it will acquire professional network LinkedIn in an all-cash transaction, for $196 per share. Jeff Weiner will remain CEO of LinkedIn, reporting to
LinkedIn Corp will need to improve its profile to reconnect with investors after the social network for professionals shocked the market with a full-year revenue forecast that fell far short of expectations.