![]() At this cost, Microsoft was paying a whopping 196 per LinkedIn share which, in turn, represented a 50 premium over LinkedIn’s last closing price on the floor of NYSE. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. NEW YORK ( TheStreet) - Shares of LinkedIn ( LNKD) are spiking by 48.31 to 194.40 in pre-market trading on Monday, as Microsoft (MSFT) has offered to acquire the business-oriented social. Prior to Microsoft's announcement of its acquisition of LinkedIn, the social network company's shares were trading at 131.08 on June 10, 2016. LinkedIn’s Intriguing Beginnings Before Success Microsoft acquired LinkedIn at a cost of 26.2 billion in December 2016. IXAQ further announced that on or before May 12, 2023, IX Acquisition Sponsor, LLC will deposit $160,000 into IXAQ’s trust account in connection with this extension. That represents an 89 premium to CTI BioPharma’s closing price on. This has it offering up 9.10 per share for CTIC stock. LinkedIn was ultimately bought by Microsoftfor 26. This is the second of twelve potential one-month extensions of the Deadline Date available to the Company pursuant to its Amended and Restated Memorandum and Articles of Association. This deal has Sobi agreeing to acquire CTI BioPharma for 1.7 billion. (NASDAQ: IXAQU, IXAQA, IXAQUW) (“IXAQ” or the “Company”), announced today that its board of directors (the “Board”) has decided to extend the date by which the Company must consummate an initial business combination (the “Deadline Date”) from for an additional month, to June 12, 2023. ![]() NEW YORK, (GLOBE NEWSWIRE) - IX Acquisition Corp. ![]()
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