Monday, June 13, 2016

SHARES IN FOCUS 2: Microsoft on Dow-end to bid for LinkedIn – ABC Online

Monday , 06.13.2016, 22:47
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A takeover bid from Microsoft shareholders LinkedIn on Monday slightly consoled over the disastrous start to the year shares of career network.

the software giant wants to take over the company and provides 196 US dollars per share , On Friday, the paper had closed at $ 131.08. The much larger competitor the German supplier Xing is evaluated accordingly at 26.2 billion dollars.

close of trading the securities of LinkedIn jumped by 46.64 percent to $ 192.21 at. contrast, Microsoft shares lost at the end of the Dow Jones Industrial Index 2.60 percent.

LINKEDIN FOR MICROSOFT Although AN OPPORTUNITY

Microsoft provides a rich supplement of almost 50 percent to the closing level of Friday. Compared to the prices of LinkedIn shares in the past year, however, it is still a bargain. In February 2015 this had still cost up to $ 276.18

Especially after the recent losses at LinkedIn the planned mark was not really expensive, said because also Andreas Lipkow from Berlin asset managers Kliegel & amp. Hafner. The shares of the career-network slumped in early February this year after disappointing quarterly results and a weak outlook by more than 43 percent. Ultimately they were bagged up to $ 98.25. With the price jump on Monday now that LinkedIn papers have compensated for their losses following the collapse in February almost back.

“brilliant move MICROSOFT”

“The move by Microsoft is awesome” , Lipkow continued. The software giant imagine with the planned acquisition of the career-network still widespread. Once one is already entered with the purchase of the game Minecraft deeper into the gaming scene, the Group is now establishing itself in the social networks.

The synergies According Lipkow very interesting and would bring the whole industry in a tight spot. So

whether it be exciting to see whether other companies stood out of the area to purchase lists of software companies. XING JUMPING ON

This was often called the German company Xing whose leaping certificates of the TecDAX-peak by nearly 4 percent. A few months ago we’ve speculated about buying through LinkedIn, which have now closed. But there are still plenty of other big companies with bulging coffers Lipkow said.

For analyst Augustin Eden from trading Accendo Markets, it is hardly surprising that Microsoft shareholders nevertheless initially are slightly out of tune. Finally, investors would initially often separate from the papers of those companies, which purchased other companies. In the case of LinkedIn, finally, it is not certain that the multibillion dollar investment actually reindeer. For hedge funds, however, deserve to acquisitions, the deal could have already paid off, said Eden.

 

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