Xing has got a new shareholder today as Burda, the German media giant bought 25.1% share. Xing as we have extensively talked about is LinkedIn for Germany and the deal has definitely got XING a healthy shareholder as Burda already has stakes in major firms like Glam Media and Zooplus. Burda acquired the shares from Cinco Capital at 36.5 Euro a share, bringing the total cost of the acquisition to 48.3 Million Euro.

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