LinkedIn to buy Lynda.com for $1.5B

LinkedIn Corp. announced yesterday it agreed to purchase online business learning company Lynda.com for $1.5 billion in cash and stock.

Under the terms of the deal, LinkedIn will pay 52 percent cash and 48 percent stock for the Carpinteria, Calif.-based company, according to MarketWatch.

The deal is expected to close during the second quarter.

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