Microsoft is buying out LinkedIn for $26 billion in cash

Jeff Weiner will remain CEO of LinkedIn, and will report to Microsoft CEO Satya Nadella.
Microsoft has announced it will acquire LinkedIn for $26.2 billion in what is the one of the biggest technology company deals. Jeff Weiner will remain CEO of LinkedIn, and will report to Microsoft CEO Satya Nadella. The deal is expected to close this calendar year. Microsoft will acquire LinkedIn for $196 per share.
Microsoft in a blog post said, “The transaction has been unanimously approved by the B