A new report claims that Salesforce, who lost to Microsoft in a bidding war to acquire LinkedIn, may be trying to stop the deal before it officially closes later this year.
Microsoft agreed to acquire the business-themed social network LinkedIn for $26.2 billion in June. Later, it was revealed that Salesforce was also bidding on LinkedIn, but the company decided to go with Microsoft's offer. Now The New York Times is reporting, via unnamed sources, that Salesforce is trying to convince the European Commission that there are serious concerns about the Microsoft-LinkedIn deal:
In addition, Salesforce CEO Marc Benioff has attacked the deal on his own, via his Twitter account today:
I hope @ftc and @vestager have an oppty to read the anticompetitive bundling plans of @scottgu against rivals. https://t.co/ZA6hRYSmjHI hope @ftc and @vestager have an oppty to read the anticompetitive bundling plans of @scottgu against rivals. https://t.co/ZA6hRYSmjH— Marc Benioff (@Benioff) September 29, 2016September 29, 2016
So far, there's no word on if the European Commission will open a formal investigation of the deal. The report says that Microsoft has not submitted their proposal to buy LinkedIn to the Commission, but it is expected to do so sometime in November.
Do you think Benioff has a point, or is this just sour grapes coming from a company that lost a bidding war? Let us know your thoughts in the comments!
Update: We have since received a statement from Microsoft on this topic, attributed to its President and Chief Legal Officer Brad Smith
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