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Microsoft to buy LinkedIn for $26 billion

Microsoft to buy LinkedIn for $26 billion

LinkedIn, the social network for professionals is being acquired by the Tech giant Microsoft. LinkedIn which has some 433 million users will be bought for $26.2 billion, or $196 per share, in cash. LinkedIn will have to pay a $725 million termination fee if the deal is cancelled for any given reasons. LinkedIn’s CEO Jeff Weiner

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