The Moody’s rating agency placed on review Microsoft’s credit rating for a possible downgrade after the company announced on Monday (13) bought the social network for professional contacts LinkedIn for $ 26.2 billion .
According to the agency’s analyst Richard Lane, even though the business bring great benefits to both companies, “finance the acquisition only with debt, however, will increase the gross debt / company’s Ebitda in about twice a surplus of 1.5 times greater than the level pressing Microsoft note. “
Purchase
the owner of Windows agreed to pay US $ 196 per share for the corporate networking site. The acquisition is one of the most expensive in the history of Microsoft, considering the nominal values of businesses whose terms were announced.
Microsoft’s track record with acquisitions has generated financial headache. The transaction aQuantive, internet advertising company made to compete with Google, earned the company the first loss in its history in 2012 – to balance the losses, the company had to record a writedown of $ 6.3 billion.
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