LinkedIn to acquire Pulse

LinkedIn, the social network for professionals, will be acquiring news aggregation app Pulse, according to a report from AllThingsD.

Sources familiar with the negotiations say that the price of the acquisition is between $50 million to $100 million. AllThingsD had already reported earlier today that Pulse was in talks to be acquired by a “major platform company.” Pulse is one of many news aggregator apps on mobile, with competing apps in the space like Flipboard, Zite, Feedly and more.

According

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