![]() ![]() Reid Hoffman has stated his full support for the transaction, which the LinkedIn board recommended unanimously and his intention to vote all his shares in accordance with the board’s recommendation. Jeff Weiner will remain CEO, report to me and join the Microsoft Senior Leadership Team. LinkedIn will retain its distinct brand, culture and independence. Microsoft will acquire LinkedIn for $196 per share in an all-cash transaction valued at approximately $26.2 billion inclusive of LinkedIn’s net cash. Let’s start by going through some of the deal specifics. This deal brings together the world’s leading professional cloud and the world’s leading professional network. ![]() Let me turn to the information we wanted to share with you this morning. There should be no place in the world for violence and hatred exhibited this weekend. Before turning to the news about this deal, Jeff and I wanted to take a moment to express our condolences and sympathies for the victims and people of Orlando. We do not undertake any duty to update any forward-looking statements.Īnd with that I’ll turn the call over to Satya. Actual results could materially differ because of factors discussed in today’s press release, in the comments made during this conference call, and in the risk factor section of today’s presentation slides, our Form 10-K, Form 10-Q and other reports and filings with the Securities and Exchange Commission. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. You can replay the call and view the transcript on the Microsoft Investor Relations website until June 13, 2017.ĭuring this call, we will be making forward-looking statements which are predictions, projections or other statements about future events. If you ask a question, it will be included in our live transmission, in the transcript, and in any future use of the recording. ![]() As a reminder, today’s call is being webcast live and recorded. On our website, /investor, is a slide deck which follows today’s presentation. On the call with me today are Satya Nadella, Chief Executive Officer Jeff Weiner, Chief Executive Officer of LinkedIn Amy Hood, Chief Financial Officer and Brad Smith, President and Chief Legal Officer. Good morning and thank you for joining us today. ![]()
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