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. A free press is a cornerstone of a healthy democracy. Support trusted journalism and civil dialogue. 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. A free press is a cornerstone of a healthy democracy. Support trusted journalism and civil dialogue. Donate now