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Microsoft Buying LinkedIn for $26B

Software giant Microsoft says it is buying the professional social networking service LinkedIn, which has 433 million members. The $26.2 billion deal is expected to be completed later this year, with Microsoft offering $196 per share of LinkedIn, 50 percent higher than the firm's stock price last Friday. Microsoft says LinkedIn will retain its name and independence.   California-based LinkedIn helps members make professional connections that aid their careers. It also helps...

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