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  • Burda raises stake and bids for rest of Xing, 'LinkedIn of Germany'

    German publisher Burda Digital has increased its stake in professional social network Xing to 38.89 percent, triggering a disclosure requirement and a mandatory offer to minority stakeholders. Burda is offering €44 per share, almost €7 more per share than Thursday's closing price.

    Written by Loek Essers26 Oct. 12 15:22