Microsoft Corp. and LinkedIn recently announced that Microsoft will soon acquire LinkedIn in a transaction valued at $26.2 billion – click here for the company’s announcement.
Under the deal, Microsoft will purchase LinkedIn’s shares at $196 each. If a share sale like this happened in Ontario, the identity of LinkedIn would not change – Microsoft would simply step in to the shoes of LinkedIn. Microsoft would inherit all employees and employment-related liabilities and obligations of LinkedIn after the deal closed.
Continue Reading Microsoft Acquiring LinkedIn: What is the Employee Impact in a Share Transaction?