Today it is a historical day for Microsoft and LinkedIn both have reached at an agreement according to which Microsoft will buy the LinkedIn shares as $196/share which is almost 30% more than market value $131. The total worth of this deal is 26 Billion Dollars .
The Redmond giant said that the LinkedIn CEO Jeff Weiner will still work as company CEO but under Microsoft CEO Satya Nadella.
According to News Reports deal will be finalized till this running financial year.
“The LinkedIn team has grown a fantastic business centered on connecting the world’s professionals,” Nadella said.
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