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TheStreet: Salesforce’s Attack on Microsoft is Puzzling says Jim Cramer

May 25, 2023
in Trade Tube
Reading Time: 1 min read
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Salesforce’s decision to attack Microsoft’s deal to buy LinkedIn is not characteristic of the company and is quite puzzling, said TheStreet’s Jim Cramer. The cloud computing company called on EU regulators to investigate whether Microsoft’s $26 billion bid for LinkedIn violates antitrust laws. Microsoft is expected to seek EU antitrust approval in the next few weeks for its largest ever deal. Salesforce.com lost out in a bidding war for the social networking site in June. The San Francisco-based company added that it believes the acquisition raises “significant antitrust and data privacy issues” that should be fully investigated by antitrust authorities in the U.S. and EU.

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