Microsoft will buy LinkedIn for 26.2 billion dollars

São Paulo-Microsoft today announced that it will buy the professional social network LinkedIn for 26.2 billion dollars.
Every action of the social network will be bought by 196 dollars, totaling the 26.2 billion. The announcement was made in a post published on the blog of the Microsoft.
The text asserts that LinkedIn will keep its independence and features after the acquisition. In the position of CEO will continue the current Chief Executive of the social network, Jeff Weiner. He will report to Satya Nadella, current CEO of Microsoft.
Reid Hoffman, Chairman, co-founder of LinkedIn and shareholder, participated in the negotiations and gave full support, says the text.
The acquisition will be made completely in cash--there is no exchange of shares in this case. According to the companies, the process should be completed this year.
"The LinkedIn team has created a fantastic business centered on connect professionals from all over the world," Nadella said in the statement. "Together, we can accelerate the growth of LinkedIn, as well as the Microsoft Office 365 and Dynamics, as we seek to empower all the people and organizations on the planet."
"We changed the way the world connects to opportunities, this relationship with Microsoft, and the combination between the cloud and the LinkedIn network now gives us a chance to change the way the world works," said Weiner.
"In the last 13 years, we have been positioned to connect professionals and to make them productive and successful, and I look forward to lead our team during this new chapter in our history," he added.
The agreement, which was approved unanimously among the advice of Microsoft and LinkedIn, has yet to be approved by shareholders of LinkedIn and regulatory agencies.
the market welcomed the news. After the announcement, shares of LinkedIn has already accumulated an increase of over 48% on Monday morning.