Posted by on
Tags:
Categories: LinkedIn Microsoft

Shares of the #Microsoft were higher Tuesday morning following news that it sold nearly $20 billion of debt to fund its takeover of social professional network #LinkedIn . Microsoft issued $19.75 billion of debt with seven maturities, the Financial Times reported. In June, the software maker agreed to acquire LinkedIn for $26 billion. Microsoft expects the deal to close by the end of this year. Video provided by TheStreet

http://www.usatoday.com/videos/money/2016/08/02/87954736/

Advertisements

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.