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Microsoft closes $26.2 billion acquisition of LinkedIn (TechCrunch)

December 09, 2016

After getting its final European Commission approvals earlier this week, TechCrunch reports Microsoft and LinkedIn today announced that Microsoft’s $26.2 billion acquisition of LinkedIn, the social networking site, has officially closed. The news comes six months after news first broke of the acquisition deal. In an internal memo, LinkedIn CEO Jeff Weiner went through the areas where the two companies would be working together, and how they will in other ways remain independent.