UPDATE: LinkedIn (LNKD) to Acquire Content Sharing Community SlideShare for $118.75M

May 3, 2012 4:11 PM EDT
(Updated - May 3, 2012 4:12 PM EDT)

LinkedIn (NYSE: LNKD), announced it agreed to acquire SlideShare, a leading professional content sharing community.

The transaction is valued at approximately $118.75 million, subject to adjustment, in a combination of approximately 45 percent cash and approximately 55 percent stock. Subject to the completion of customary conditions, the acquisition is expected to close during the second quarter of 2012.


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