Edition:
United States

LinkedIn Corp (LNKD.N)

LNKD.N on New York Stock Exchange

195.25USD
5 Dec 2016
Change (% chg)

$0.05 (+0.03%)
Prev Close
$195.20
Open
$195.25
Day's High
$195.40
Day's Low
$195.25
Volume
230,033
Avg. Vol
303,375
52-wk High
$241.00
52-wk Low
$98.25

Latest Key Developments (Source: Significant Developments)

LinkedIn says proposal to adopt plan of merger among Co, Microsoft, Liberty Merger Was approved
Monday, 22 Aug 2016 04:15pm EDT 

LinkedIn Corp : At special meeting of stockholders, proposal to adopt plan of merger among Co, Microsoft, Liberty Merger Sub Inc. Was approved - SEC filing . At special meeting, proposal to approve compensation payable by co to its named executives in connection with Microsoft Deal Was Approved Source: (http://bit.ly/2c00HZJ) Further company coverage: [LNKD.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

LinkedIn says not updating outlook in light of merger
Thursday, 4 Aug 2016 04:01pm EDT 

Linkedin Corp : Qtrly total revenue increased 31% year-over-year to $933 million .In light of pending merger, linkedin will not be updating its outlook for fiscal 2016.  Full Article

Moody's rates Microsoft's new senior notes at Aaa
Monday, 1 Aug 2016 09:46am EDT 

Moody's : Ratings reflects expectations that microsoft's business model will remain exceptionally robust as it transitions from on premise licensing . Believes microsoft may also raise debt to support future dividend, share buybacks such that gross debt could exceed $90 billion in fiscal 2017 . Expects microsoft will fund pending linkedin acquisition entirely with debt, leading to microsoft's gross adjusted debt to ebitda above 2x .Moody's rates microsoft's new senior notes at aaa.  Full Article

Moody's changes outlook on Microsoft to negative
Monday, 25 Jul 2016 03:50pm EDT 

Moody's On Microsoft : Moody's confirms Microsoft's Aaa senior unsecured rating; outlook changed to negative . Expects Microsoft will generate profitability with high-30% ebitda margins, free cash flow generation in excess of $13 billion annually .Effective integration of LinkedIn, could provide benefits to ecosystem surrounding Microsoft's cloud based services platform.  Full Article

S&P says LinkedIn unsolicited ratings placed on creditwatch positive on acquisition by Microsoft
Monday, 13 Jun 2016 05:17pm EDT 

S&P Global Ratings : Linkedin corp. Unsolicited ratings placed on creditwatch positive on acquisition by microsoft .Creditwatch placement is based linkedin's agreement to be acquired by microsoft, an entity with a stronger credit profile.  Full Article

Moody's reviews Microsoft's AAA rating for downgrade
Monday, 13 Jun 2016 02:13pm EDT 

Moody's: Moody's reviews Microsoft's AAA rating for downgrade following announced acquisition of LinkedIn . Review will focus on strategic fit, monetization opportunities of LinkedIn with Microsoft's software offerings . Review to also consider Microsoft's plan to reduce, sustain gross leverage at or below 1.5 times while maintaining significant net cash position .Potential downgrade of Microsoft would likely be limited to one notch.  Full Article

Microsoft CEO On CNBC - Started LinkedIn deal talks in earnest from February 2016
Monday, 13 Jun 2016 11:17am EDT 

: Microsoft CEO On CNBC - Started deal talks in earnest from February 2016 ((Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223 8780)).  Full Article

Microsoft sees $150 mln of cost synergies annually by 2018 from LinkedIn deal
Monday, 13 Jun 2016 09:24am EDT 

Microsoft Corp : Sees $150 mln of cost synergies annually by 2018 from LinkedIn deal - SEC filing . Under agreement, LinkedIn may not solicit competing proposals or participate in any discussions or negotiations regarding alternative deals Further company coverage: [MSFT.O] (Bengaluru Newsroom: +1-646-223-8780).  Full Article

LinkedIn will pay Microsoft $725 mln upon merger termination
Monday, 13 Jun 2016 08:53am EDT 

LinkedIn Corp :Upon termination of merger agreement under some circumstances, co will be required to pay Microsoft termination fee of $725 million - SEC filing.  Full Article

LinkedIn Corp gives Q2 2016 guidance; gives FY 2016 guidance
Thursday, 28 Apr 2016 04:05pm EDT 

LinkedIn Corp:Says Q2 2016 Revenue is expected to range between $885 million and $890 million.Says Q2 2016 Adjusted EBITDA is expected to range between $225 million and $230 million.Says Q2 2016 Non-GAAP EPS is expected to range between $0.74 and $0.77.Says Fy 2016 Revenue is expected to range between $3.65 billion and $3.70 billion.Fy 2016 Adjusted EBITDA is expected to range between $985 million and $1.005 billion.Fy 2016 Non-GAAP EPS is expected to range between $3.30 and $3.40.  Full Article

Photo

Exclusive: Microsoft set to win EU approval for LinkedIn buy - sources

BRUSSELS Microsoft is set to gain EU approval for its $26 billion buy of professional social network LinkedIn with tweaks to concessions aimed at addressing competition concerns, three people close to the matter said on Wednesday.