Microsoft Bails Out LinkedIn Shareholders

LinkedIn Corp

shares are trading higher by $61.50 $192.88 in Monday's session. The professional or business end of social media has been taken over by Microsoft Corp in an all cash deal for $196/share. That was a hefty 50 percent premium from its closing price on Friday of $131.08. It was nearly a 100 percent premium from its February 10 low ($98.25), that was made a few days after it was destroyed following its Q4 report. On the day of the report, it fell from its February 4 close ($192.38) to $108.38 and then went to trade under $100. Also, it is a steep discount of 30 percent from its all time high that was made in February 2015 at $276.18,