{"id":3058,"date":"2016-06-13T07:12:37","date_gmt":"2016-06-13T14:12:37","guid":{"rendered":"http:\/\/kmtechblog.com\/?p=3058"},"modified":"2016-06-13T07:12:37","modified_gmt":"2016-06-13T14:12:37","slug":"microsoft-acquires-linkedin-for-26-2-billion","status":"publish","type":"post","link":"https:\/\/kmtech.blog\/?p=3058","title":{"rendered":"Microsoft acquires LinkedIn for $26.2 billion"},"content":{"rendered":"<p>Microsoft said Monday morning that it will acquire the social network LinkedIn for $26.2 billion, or $196 per share. That\u2019s a nice premium over the company\u2019s share price, which is currently floating around $131 before the opening bell.\u00a0The deal is an all-cash transaction.<\/p>\n<p><!--more--><\/p>\n<p>\u201cLinkedIn will retain its distinct brand, culture and independence,\u201d Microsoft said in a post announcing the news. \u201cJeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella, CEO of Microsoft. Reid Hoffman, chairman of the board, co-founder and controlling shareholder of LinkedIn, and Weiner both fully support this transaction.\u201d<\/p>\n<p>Microsoft said it expects the deal to close by the end of this year.<\/p>\n<div class=\"infinite-scroll-metadata\"><\/div>\n<div class=\"sourcevia-wrapper\">\n<div class=\"sourcevia fCaps fLS0\"><span class=\"label fLS1\">SOURCE<\/span> <a href=\"http:\/\/blogs.microsoft.com\/firehose\/2016\/06\/13\/microsoft-to-acquire-linkedin\/#sm.000015p7gtv1zmdl2z76vqgyzs399\" target=\"_blank\" rel=\"noopener\">MICROSOFT<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Microsoft said Monday morning that it will acquire the social network LinkedIn for $26.2 billion, or $196 per share. That\u2019s a nice premium over the company\u2019s share price, which is currently floating around $131 before the opening bell.\u00a0The deal is an all-cash transaction.<\/p>\n","protected":false},"author":3,"featured_media":3059,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-3058","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","et-has-post-format-content","et_post_format-et-post-format-standard"],"_links":{"self":[{"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/wp\/v2\/posts\/3058","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/kmtech.blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3058"}],"version-history":[{"count":0,"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/wp\/v2\/posts\/3058\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/"}],"wp:attachment":[{"href":"https:\/\/kmtech.blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kmtech.blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kmtech.blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}