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Why Microsoft beat Salesforce to acquire LinkedIn
- Why Microsoft beat Salesforce to acquire LinkedIn
- November 18, 2016
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Microsoft beat Salesforce to acquire LinkedIn because it offered all cash and less risk, said LinkedIn CEO Jeff Weiner.
Salesforce CEO Marc Benioff was a class act throughout the negotiations, but at the end of the day it came down to dollars and cents, said Weiner.
"Microsoft's offer was of greater value - an all cash offer versus stock and cash -where Salesforce would have potentially been diluted in a way where the stock that they offered to lose value, at least in the near term," said Weiner.
Weiner's comments came at the Code Enterprise conference in San Francisco Tuesday night.
Microsoft will integ...
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