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Microsoft's £18 billion LinkedIn deal gets EU approval and will close in 'days'

  • December 7, 2016
  • 1 reply
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Jasper_The_Rasper
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By Matt Burgess and Liat ClarkWednesday 7 December 2016                                                    https://wi-images.condecdn.net/image/W5agPxrZkQ7/crop/405 The European Union has approved Microsoft’s $26.2 billion (£18 billion) bid to purchase LinkedIn.
The deal was "unanimously approved" by both sets of company directors back in June, with Microsoft pledging to acquire the social network in an all-cash deal. "Jeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella, CEO of Microsoft," Microsoft said at the time, with the chairman of LinkedIn's board Reid Hoffman calling the deal a "re-founding moment for LinkedIn".
 
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remixedcat
Community Leader
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  • Community Leader
  • December 25, 2016
Eep! LinkedIn hasn't been all that great lately and now it's going to get worse. They allready shove the mobile apps down everyone's throats evey time you use the site on mobile, now it will prolly be more bloated like MS's outlook.com mobile interface change.