Microsoft agreed with the LinkedIn acquisition. Under the agreement, Microsoft will buy LinkedIn at $196 per share, the total transaction amount will reach 26,2 billion.
As promised, the company LinkedIn, the social network for search and establishment of business contacts, will retain its own brand, culture and will remain independent.
The acquisition has already been approved by the boards of Directors of Microsoft, and LinkedIn. The transaction is expected to complete by the end of 2016 calendar year. after approval by the shareholders of LinkedIn and other necessary instances.
Social network LinkedIn has earned in 2003, as of the end of 2015, it was registered more than 400 million users.