UPDATE: Goldman Sachs Said to Gave Advised Another LinkedIn (LNKD) bidder (MSFT)
Goldman Sachs (NYSE: GS) said to have advised another LinkedIn (NYSE: LNKD) bidder, according to Bloomberg.
UPDATE - Goldman was apparently conflicted on the issue due to its relationship with the other bidder. It wasn't speculated who the other company might be, but, given the hefty premium Microsoft (Nasdaq: MSFT) paid, one might guess that it was another tech rival with deep pockets.
Goldman previously advised Microsoft over its $8.5 billion Skype acquisition in 2011 and $7.2 billion acquisition of Nokia's handset assets in 2013.
LinkedIn is modestly higher in after-hours trading after gaining 46.6 percent for the session.