LinkedIn Sells SlideShare to Scribd

The professional network acquired SlideShare for $118.75 million in May 2012.

Scribd will begin operating SlideShare Sept. 24, managing accounts and content, and Scribd said its general terms of use and privacy policy will apply, but the experience will not change for SlideShare users, and their content and activity will remain on the SlideShare site.

Scribd said its premium subscription service offers more than 1 million ebooks, audiobooks, podcasts, sheet music and magazines, as well as over 100 million documents uploaded by its community, including study guides, business templates, academic papers, public court filings and other informational and educational resources.

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