With an additional potential sale of stock to investment banks, LinkedIn would have about USD 2 billion in cash for future acquisitions and – what it calls – “infrastructure investments”.
– Good news for potential future acquisition-targets, as Microsoft, Facebook, Google, Apple and Yahoo are also having cash north of USD 10 billion.
Full story: LinkedIn To Raise Up To $1.15B To Fuel Acquisitions, “Infrastructure” Investments | TechCrunch.
