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On March 15, 2016, Mr. Weiner called Mr. Nadella to inquire as to whether Microsoft was interested in discussing further a potential acquisition of LinkedIn
by 0xmohit 10y ago
On March 15, 2016, Mr. Weiner called Mr. Nadella to inquire as
to whether Microsoft was interested in discussing further a
potential acquisition of LinkedIn, and explained that, although
LinkedIn was not for sale, others had expressed interest in an
acquisition.
Amusing, indeed. Maybe this is how M&A happen.
- jonathankoren 10y agoOf course it is. It's clear they started shopping the company immediately after the collapse. Also, you never say "Hey, you want to buy us?", because that reeks of desperation and scares off all potential buyers. Out of curiosity, how did you think business deals happen?
- marcusgarvey 10y agoWhich collapse do you mean?
- jonathankoren 10y agoThe stock price collapse.
- deleted 10y ago[deleted]
- 0xmohit 10y agoOut of curiosity, how did you think business deals happen? I didn't imagine something like: "P, Q, R, S have expressed interest in buying us. We thought that might as well check with you with you're interested. We are not for sale, by the way."
- mbesto 10y agoI work in M&A. Yes this is how M&A happens.
- dibstern 10y agoDude it's his duty as a representative of shareholders. Shareholders deserve to have all offers for the company heard, and all possible acquirers notified so that the shareholders get the best possible offer. Boards focus on representing shareholders. CEOs do too, mostly, but I'd argue that focusing on providing value to customers, which will in turn better provide value for shareholders, should be the main focus, because big companies too often lose sight of what the hell it is they're doing that is actually of value.