Post by
jimmyjong on Jun 13, 2016 12:03pm
Microsoft pay a 50% premium to Friday’s closing price.
Imagine that and lets face it they are not the first to pay a premium of that nature to buy a company
Comment by
WillyWally on Jun 13, 2016 12:09pm
That premium is actually the price of LinkedIn back in early February.
Comment by
jimmyjong on Jun 13, 2016 12:12pm
The all-cash transaction amounts to $196 a share, a 50% premium to Friday’s closing price. https://www.marketwatch.com/story/microsoft-buys-linkedin-for-262-billion-2016-06-13
Comment by
WillyWally on Jun 13, 2016 12:30pm
Yes and check LinkedIn 52-weeks high...
Comment by
Pj1958 on Jun 13, 2016 12:52pm
WILLYWONKA.... Their 52 week high is irrelevant .... In that case look at CXR 52 week high. What's your point. quote=WillyWally] Yes and check LinkedIn 52-weeks high...[/quote]
Comment by
WillyWally on Jun 13, 2016 1:02pm
I'm just reminding buyout pumpers not to expect the moon, that's all...