Microsoft (MSFT) Leaves Wiggle Room in LinkedIn (LNKD) Rumor Response
Get Alerts LNKD Hot Sheet
Join SI Premium – FREE
Yesterday StreetInsider reported on market rumors that Microsoft (NASDAQ: MSFT) could be interested in acquiring LinkedIn (NYSE: LNKD). We reached out to both companies about the rumors. LinkedIn responded within hours of our inquiry, stating "as with all rumors and speculation, we don't comment" - a pretty standard PR response.
Well, we just received a response back from Microsoft.
While the response does not suggest a deal is in the works, interestingly it was also not your standard "no comment" response and leaves a little wiggle room:
"Microsoft has nothing to share at this time regarding your inquiry," the company's media relations team said.
hmmm....
Shares of LinkedIn are down 1.6% currently to $118.49.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Varonis Said To Weigh Sale After Takeover Interest - Bloomberg
- Meta pauses an AI training program that tracks employees' keystrokes after a companywide leak - Insider
- EXL to acquire iMerit in deal valued at up to $310 million
Create E-mail Alert Related Categories
Mergers and Acquisitions, Rumors, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share