Microsoft to Acquire LinkedIn for $26.2 Billion

On June 13, 2016, Microsoft and LinkedIn Corporation, the world's largest professional network with more than 433 million members in 200 countries and territories around the globe, announced a definitive agreement for Microsoft to acquire LinkedIn for approximately $26.2 billion, or $196 a share. Wilson Sonsini Goodrich & Rosati is advising LinkedIn in the transaction.

Headquartered in Mountain View, California, LinkedIn is publicly held and has a diversified business model with revenues coming from member subscriptions, advertising sales, and talent solutions. LinkedIn connects the world's professionals to make them more productive and successful, and transforms the ways companies hire, market, and sell. The company's vision is to create economic opportunity for every member of the global workforce through the ongoing development of the world's first Economic Graph. LinkedIn's site officially launched on May 5, 2003.

WSGR has a longstanding relationship with LinkedIn, having represented the company in several milestone transactions, including its $353 million IPO in 2011 and its $1.5 billion acquisition of online education company lynda.com in 2015.

Microsoft's acquisition of LinkedIn is expected to close in 2016, subject to shareholder and regulatory approvals and other customary closing conditions.

The WSGR team advising LinkedIn includes the following:

Corporate/M&A:
Katie Martin
Marty Korman
Brad Finkelstein
Doug Schnell
Peter Chess
Melissa Smit
Sasha Hahn
Diana Lorenz

Technology Transactions:
Selwyn Goldberg
TJ Graham
Tracy Rubin
Brandon Palmen
Lixian Hantover

Employee Benefits and Compensation:
John Aguirre
Scott McCall
Jessica Bliss

Litigation:
Boris Feldman
Elizabeth Peterson

Tax:
Ivan Humphreys
Myra Sutanto Shen
Timothy Shapiro

Privacy and Data Protection:
Matt Staples

Regulatory:
Josephine Aiello LeBeau
Don Vieira
Anne Seymour
Larry Perrone

Real Estate:
Jim McCann
Kimberly McMorrow
Jeremiah Nelson
Sean Wilkinson

Finance and Structured Finance:
Michael Occhiolini
Erik Franks
Michael Rosati

Employment Law:
Jason Storck
Matt Damm

Corporate Governance:
William Chandler III
Amy Simmerman

For additional information, please see the related news release.