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Showing posts with label LinkedIn. Show all posts
Showing posts with label LinkedIn. Show all posts

Monday, June 13, 2016

LinkedIn Is The Latest Tech Company To Give Up On The Stock Market


LinkedIn Is The Latest Tech Company To Give Up On The Stock Market

By agreeing to a $196 a share takeover from Microsoft MSFT -2.62%, LinkedIn LNKD +46.64% is taking a mulligan on 2016.

After all, LinkedIn, a must use social network among job seekers and corporate human resource departments, is agreeing to an acquisition that doesn’t even return the company to its beginning of year share price. Some might look at LinkedIn’s $26.2 billion pricetag as a middling feat of deal-making for CEO Jeffrey Weiner and billionaire founder Reid Hoffman.