1. Microsoft and LinkedIn Corp have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $26.2 billion
2. The deal is an all-cash transaction at $196 per share.
3. Jeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella, CEO of Microsoft.
4. The transaction, which is expected to close this calendar year, has received unanimous approval of both LinkedIn and Microsoft's board.
5. "LinkedIn will retain its distinct brand, culture and independence" a joint statement said on Monday.
6. Microsoft will finance the transaction primarily through the issuance of new indebtedness
7. Deal to become earnings accretive to Microsoft's non-GAAP earnings per share in Microsoft's fiscal year 2019 or less than two years post-closing
8. This is the largest deal under Satya Nadella's tenure as CEO, who has been increasing Microsoft's appeal more to business customers with cloud-based services and productivity tools.
9. Morgan Stanley is acting as exclusive financial advisor to Microsoft while Qatalyst Partners and Allen & Company LLC are acting as financial advisors to LinkedIn.
10. Before LinkedIn's 2011 public listing, Microsoft entered into talks to buy LinkedIn several times
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