By CBC News, June 13, 2016
Microsoft pays $196 US a share for professional networking company
Microsoft is buying social media networking company LinkedIn for more than $26 billion US.
In a release Monday, Microsoft announced it would pay $196 US for every share in LinkedIn, a professional networking website at which users post their resumes online and can contact other companies and professionals. It has 430 million members, according to its most recent regulatory filings.
