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Microsoft Buys LinkedIn for $26.2 Billion

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Microsoft is buying LinkedIn for $26.2 billion, the companies said on Monday, in the tech giant’s biggest acquisition yet. LinkedIn’s CEO Jeff Weiner will remain in his current role and report to Microsoft’s Nadella. Weiner and LinkedIn’s billionaire cofounder Reid Hoffman, who is the company’s controlling shareholder, stated they are both in favor of the acquisition. …

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