CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following company has has acquired LinkedIn in an all-cash deal of $26.2 billion, giving its “social” business a major boost
A
Oracle
B
Microsoft
C
Google
D
Yahoo
Explanation: 

Detailed explanation-1: -Microsoft closed its $26.2 billion LinkedIn acquisition three years ago this month. LinkedIn has done some things to integrate with its parent, and more tie-ins are coming.

Detailed explanation-2: -LinkedIn revenue increased by 26.2% in 2022 to $14.5 billion, a higher percentage increase than the last two years.

Detailed explanation-3: -In 2016, Microsoft Corp. made headlines when it acquired LinkedIn for more than US$26 billion. It was the largest acquisition in company history.

Detailed explanation-4: -The type of deal described in the Microsoft-LinkedIn press release is a traditional merger and represents the most common deal structure: The target’s management negotiates with the buyer’s management and board.

There is 1 question to complete.