Microsoft (MSFT) Leaves Wiggle Room in LinkedIn (LNKD) Rumor Response
Yesterday StreetInsider reported on market rumors that Microsoft (NASDAQ: MSFT) could be interested in acquiring LinkedIn (NYSE: LNKD). We reached out to both companies about the rumors. LinkedIn responded within hours of our inquiry, stating "as with all rumors and speculation, we don't comment" - a pretty standard PR response.
Well, we just received a response back from Microsoft.
While the response does not suggest a deal is in the works, interestingly it was also not your standard "no comment" response and leaves a little wiggle room:
"Microsoft has nothing to share at this time regarding your inquiry," the company's media relations team said.
hmmm....
Shares of LinkedIn are down 1.6% currently to $118.49.
