Microsoft Corporation (NASDAQ:MSFT) is set to win EU approval for its Skype
deal. Microsoft Corporation (NASDAQ:MSFT) To Get EU Skype Approval Reuters has
reported that Microsoft Corporation (NASDAQ:MSFT) is set to win EU approval for
its planned $8.5 billion, biggest-ever acquisition of online telephone service
Skype. Joaquin Almunia, the EU competition commissioner, is expected to give
permission to the proposed deal despite complaints from would-be rivals of the
company. Microsoft Corporation (NASDAQ:MSFT) hopes that its acquisition of Skype
will enable its new Windows Phones to compete directly with Google and Apple
smartphones which already feature video chat. Microsoft Corp. (NASDAQ:MSFT)
shares were at 25.89 at the end of the last days trading. Theres been a -2.7%
change in the stock price over the past 3 months. Microsoft Corp. (NASDAQ:MSFT)
Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.74
(1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.84 Zacks Rank: 22 out of 92 in the
industry
No comments:
Post a Comment