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South Africa: Microsoft, Linked-In merger given the go-ahead

By  |  November 10, 2016

Local competition authorities have given the Microsoft and Linked-In merger the go ahead.

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    The Competition Commission has unconditionally approved the intermediate merger which will see the software giant acquire Linked-In.

    Earlier this year, Microsoft announced plans to buy the professional social network for $26-billion.

    The move has been driven by the network’s increased membership and financial performance.

    Linked-In expects to seal the deal by year-end, once global regulators approve.

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