ValueAct takes $2 billion Microsoft stake: CNBC

(Reuters) - Activist investor ValueAct Capital has taken a $2 billion stake in Microsoft Corp, CNBC reported on Monday. CNBC's David Faber reported the stake. A representative of ValueAct was not immediately available to comment. Microsoft shares opened 2 percent higher at $30.36. At Friday's closing price, a $2 billion stake would represent about 67.2 million shares. That represents less than 1 percent of Microsoft but would be enough to make ValueAct a top-15 investor in the company, based on Thomson Reuters data. ...

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