Deals
Why Microsoft, With $100 Billion, Wants a Loan for LinkedIn
- Maneuver helps tech giant avoid 35% tax to repatriate cash
- Interest-payment deductions could lower future tax bills
Did Microsoft Pay Too Much for LinkedIn?
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Microsoft Corp. has enough cash to buy LinkedIn Corp. four times over. So why is it taking out a big loan to pay for its latest purchase?
Maybe because it’ll lower the technology giant’s tax bill.