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July 23, 2016 10:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/OXWdnLw3Gjk/salesforce-ceo-told-linkedin-he-would-have-paid-much-more-than-microsoft
Salesforce CEO Told LinkedIn He Would Have Paid Much More Than Microsoft
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.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/OXWdnLw3Gjk/salesforce-ceo-told-linkedin-he-would-have-paid-much-more-than-microsoft
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