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Probable increase of the stocks price of LinkedIn, if the acquisition from Microsoft is approved from EU
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Loading...European Union antitrust authorities are likely to clear Microsoft’s $26 billion acquisition of LinkedIn Corp. by Tuesday with conditions attached, according to people familiar with the matter.
The European Commission, the bloc’s competition regulator, has to decide by Dec. 6 whether to clear the deal or open an in-depth investigation into the merger. The commission is unlikely to open a probe, the people said.
Microsoft announced its deal with LinkedIn in June and aims to close the transaction this year. The acquisition has already been cleared in the U.S., Canada, Brazil, and South Africa. The company said in June that it didn’t require regulatory approval in Japan, South Korea or China.
In addition, Microsoft has also vowed to allow computer manufacturers such as Dell Inc. and Hewlett Packard Enterprise Co. to disable the LinkedIn shortcut on desktop devices.
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