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Breaking News: Microsoft Buys LinkedIn For $26.2 Billion

TodayNewsReview / Technology / Webmasters / Breaking News: Microsoft Buys LinkedIn For $26.2 Billion 467 Views

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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."

Credit: businessinsider.com

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