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Kurnos On SMID-Cap Internet Implications From Microsoft, LinkedIn Deal
Monday, June 13, 2016 - 3:35pm | 369Read More...Microsoft Corporation (NASDAQ: MSFT) agreed to buy LinkedIn Corp (NYSE: LNKD) for $26.2 billion, or $196 per share. Dan Kurnos of Benchmark said Microsoft paid 25x 2016 EV/EBITDA, or 20x using 2017 estimates, in line with the expected revenue and EBITDA growth rates of 20–25 percent for the...


