Salesforce CEO Told LinkedIn He Would Have Paid Much More Than Microsoft (recode.net)

Ina Fried, reporting for Recode: It was already known that LinkedIn chose a potentially lower all-cash acquisition offer from Microsoft rather than take on the uncertainties of a stock-and-cash deal from Salesforce. But now it has been revealed that Salesforce might have been willing to go "much higher" than Microsoft's $26.2 billion, or change other terms of its bid, had it been given the chance. In a filing with regulators on Friday, LinkedIn said a board committee met on July 7 to discuss an email from Salesforce CEO Marc Benioff. "The email indicated that Party A would have bid much higher and made changes to the stock/cash components of its offers, but it was acting without communications from LinkedIn," LinkedIn said in the updated filing with the Securities and Exchange Commission.

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What? by Anonymous Coward · 2016-07-23 09:01 · Score: 3, Insightful

How the fuck is LinkedIn worth $26 billion?
Re: What I want to know is by konohitowa · 2016-07-23 20:52 · Score: 3, Insightful

I'm going to guess that he didn't fall for it, but that his wife did.