Middle-east Arab News Opinion | Asharq Al-awsat

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Microsoft Gains EU Approval for $26 Bln Buy of LinkedIn

by Asharq Al-Awsat English | Dec 6, 2016 | Technology

Microsoft won EU antitrust approval on Tuesday for its $26 billion bid for professional social network LinkedIn, its largest ever acquisition, after agreeing to a series of modest concessions. The deal, which has already received the green light in the United States,...

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Microsoft buys LinkedIn for $26.2 bln. Reuters

Microsoft Buys LinkedIn for Professional Networking

by Asharq Al-Awsat | Jun 14, 2016 | Business

London-Microsoft announced a $26.2 billion deal on Monday to acquire professional social platform LinkedIn for $196 per share. Microsoft said: “LinkedIn will retain its distinct brand, culture and independence. Jeff Weiner will remain CEO of LinkedIn, reporting to...

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Investors Concerned as LinkedIn Shares Plunge 35 Pct

Investors Concerned as LinkedIn Shares Plunge 35 Pct

by Asharq Al-Awsat English | Feb 5, 2016 | Technology

LinkedIn Corp’s revenue forecast shocked Wall Street as it deeply failed to live up to expectations when shares of the social network for professionals plunged about 35 percent on Friday, erasing nearly $9 billion of market value. The company recorded its...