Talk Money: June 14

  • 14/06/2016
(Paul Henry)
(Paul Henry)

Microsoft is buying LinkedIn for US$26.2 billion (NZ$36 billion), in one of the largest technology deals ever.

The offer of US$196 per share is a 49.5 percent premium to the price the professional social-networking company last traded at before the deal.

Microsoft is trying to transform itself from a seller of Microsoft Windows software for home PCs to a seller of software on a variety of platforms and devices. But it has struggled to keep pace with the likes of Google and Apple.

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