Salesforce.com Lost LinkedIn Bid to Microsoft – Wall Street Journal

Salesforce.com Inc. lost out on its bid for LinkedIn Corp. to Microsoft Corp., which acquired the professional social network site for $26.2 billion on Monday, according to a person familiar with the matter.

Salesforce.com’s offer price isn’t known, but Brent Thill, an analyst at UBS Group, said purchasing LinkedIn would have been a stretch for the company, which makes web-based software for salespeople. The price Microsoft paid is…

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