By — News Desk News Desk Leave your feedback Share Copy URL https://www.pbs.org/newshour/nation/microsoft-to-buy-linkedin-for-26-2-billion Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Microsoft to buy LinkedIn for $26.2 billion Nation Jun 13, 2016 11:56 AM EDT Microsoft Corp. said Monday it was buying professional networking website LinkedIn for $26.2 billion, sending LinkedIn stock market shares soaring. Microsoft said it was paying $196 for each share of LinkedIn Corp., based in Mountain View, California. The news caused LinkedIn’s shares to rise 48 percent to $194, still well below its $270 per share peak in 2015. The deal, which requires approval from regulators, is expected to close this year. We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now By — News Desk News Desk
Microsoft Corp. said Monday it was buying professional networking website LinkedIn for $26.2 billion, sending LinkedIn stock market shares soaring. Microsoft said it was paying $196 for each share of LinkedIn Corp., based in Mountain View, California. The news caused LinkedIn’s shares to rise 48 percent to $194, still well below its $270 per share peak in 2015. The deal, which requires approval from regulators, is expected to close this year. We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now