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Microsoft buys LinkedIn for R400 billion (and pays cash)

13 June 2016 6:16 PM

The Money Show’s Bruce Whitfield interviews Vestact MD Paul Theron about the transaction.

Two of the world’s most annoying things are combining!

Bruce Whitfield, The Money Show

Microsoft seems to have rediscovered its mojo.

Paul Theron, MD of Vestact

Microsoft will buy LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion (almost R400 billion).

The Money Show’s Bruce Whitfield interviewed Paul Theron, MD of Vestact.

Scroll down for quotes from the audio below.

Microsoft has pots of cash!

Paul Theron, MD of Vestact

You are the product! LinkedIn sells your information.

Paul Theron, MD of Vestact

The share price was twice this amount in 2013. Maybe Microsoft is getting a bargain?

Paul Theron, MD of Vestact

I hope this one works out better than Nokia!

Paul Theron, MD of Vestact

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Article brought to us by Old Mutual.


13 June 2016 6:16 PM