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LinkedIn Scores $53M in Capital, $1B Value

All-business networking site plans European foray, acquisitions

By Jim O'Neill,  Newser User

Posted Jun 18, 2008 8:48 AM CDT

(Newser) – LinkedIn—the buttoned-down, anti-Facebook social networking site for professionals—is about to up its profile with a $53 million infusion of private equity that will allow it to make acquisitions and expand its reach overseas, reports the New York Times. The new financing values the...   Read full story »

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