ValueAct takes US$2bil Microsoft stake


Activist investor ValueAct Capital has taken a US$2bil (RM6bil) stake in Microsoft Corp, according to ValueAct's chief executive, helping Microsoft shares climb to a seven-month high.

The stake was confirmed by ValueAct CEO Jeffrey Ubben at an investor conference in New York, after being first reported by CNBC television.

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Technology , Microsoft , ValueAct

   

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