Technology

Microsoft Purchased Social Networking Site LinkedIn For $26.2 Billion In Cash

Microsoft Purchased Social Networking Site LinkedIn For $26.2 Billion In Cash:- The biggest news in the social world where the Microsoft announced on Monday to buy the LinkedIn. Basically, the LinkedIn is a professional social site for everyone who wants the beneficial and quality company’s job to upload own resume on it and many company’s profiles, many job profile, and professional company leaders are add on it.

Microsoft to buy LinkedIn for $26.2 billion in cash

On Monday , The Microsoft are finally announced to buying the LinkedIn in $26.2 billion , where the LinkedIn counts a one share at $196 .

Microsoft Purchase LinkedIn For $26.2 Billion In Cash

Before the Microsoft and LinkedIn deal , Where the LinkedIn share at $193 than the Microsoft stock is just down by the 3.2 % and when after the Microsoft-LinkedIn deal than increasing the share of LinkedIn 47 percent and before the deal the Microsoft are getting blocked in a short term and after the deal it will open it and increasing rate will high of the Microsoft.

According to the deal, The CEO of the Microsoft ” Satya Nadella” are confirmed that the “Jeff Weiner” has stayed as a post of CEO of the LinkedIn and it will report me as progress and this deal is confirmed with by the unity with both sides.

But there is the one more exception which is that when the Microsoft ae buying the LinkedIn than what goes with his Employee member , but According to the LinkedIn CEO “Jeff Weiner” , he said that position and work are same in the company but its little bit changes are applying because our vision is same , there is nothing to change in the company.

last year share of the LinkedIn is down by the 10 percents and where it share just $258.39 and last date to till now it was down by the 14 percent , so there is a beneficial deal from both sides to increasing in the world.

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