Published July 22, 2016 6:24pm EDT | Updated July 22, 2016 7:03pm EDT

LinkedIn Schedules Special Shareholder Meeting For Microsoft Acquisition

LinkedIn Corp said late Friday it was holding a special meeting of shareholders Aug. 19 to vote on the social network's acquisition by Microsoft Corp. . Shareholders are entitled to $196 cash for each share of LinkedIn, the company said. Back in June, LinkedIn said Microsoft had offered $26.2 billion for the company.