June 2016: Microsoft Announces Purchase of LinkedIn for $26.2 Billion

Updated August 5, 2020 | Infoplease Staff

World News | Disasters & Science News

Here's a slideshow depicting the major U.S. news events of June 2016.

Microsoft Announces Purchase of LinkedIn for $26.2 Billion
LinkedIn logo appears on a screen at the post where it trades on the floor of the New York Stock Exchange
On Monday, June 13, 2016, Microsoft announces that it is buying LinkedIn for about $26.2 billion. This move is the largest financial deal in Microsoft's history, and the software company hopes the addition of the largest professional networking site will revitalize its portfolio.
Photo source: AP Photo/Richard Drew
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