- Forbes, Friday, October 28, 2016 12:46 PM
For the third quarter,
LinkedIn reported revenue and earnings that beat analysts’ estimates, on
Thursday. The results come about five months after Microsoft announced plans to buy LinkedIn for $26.2 billion in cash, Forbes notes.
“The price Microsoft is offering is a validation of the Mountain View, Calif.-based company’s growth prospects, after LinkedIn’s shares tanked by
more than 40% in February.”
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