MSFT Stock: Thanksgiving Arrives Early for Microsoft Corporation
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MSFT Stock: Thanksgiving Arrives Early for Microsoft Corporation

MSFT Stock: Thanksgiving Arrives Early for Microsoft Corporation

  • Buz Investors BULLISH Thanksgiving Arrives Early for Microsoft (NASDAQ:MSFT) has been in the news over its deal with LinkedIn Corp(NYSE:LNKD) since salesforce.com, inc.(NYSE:CRM) decided to press regulators to block the deal, as it threatened competition.
  • MSFT stock had come under pressure, as this could have raised more questions about the deal. However, reports that came in yesterday brought some clarity on the matter.
  • According to sources, Microsoft is set to gain European Union (EU) approval for its $26.0-billion buy of professional social network LinkedIn, with changes in concessions aimed at addressing competition concerns.

Thanksgiving Arrives Early for Microsoft

MSFT Stock: Thanksgiving Arrives Early for Microsoft Corporation

Microsoft told the European Commission last week that it would allow rivals of LinkedIn to access its software, such as its “Outlook” program, and give hardware makers the option of installing competing professional social networks on computers after the acquisition. (Source: “Exclusive: Microsoft set to win EU approval for LinkedIn buy – sources,” Reuters, November 23, 2016).

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Thanksgiving Arrives Early for Microsoft

The LinkedIn deal, which is the company’s largest acquisition, is important to Microsoft as it will lead to the addition of sales, marketing, and recruiting services to its core products. The company’s proposal of concessions is a sign of how significant the LinkedIn data pool is for the future growth of Microsoft and MSFT stock.

The European Commission is scheduled to decide on the deal by December 6. But Salesforce wants more scrutiny. Burke Norton, Chief Legal Officer of the cloud company said, “We believe this deal raises significant antitrust and data privacy issues.” According to Norton, Microsoft’s exclusive access to metadata will confer an unfair advantage over competitors. (Source: “Microsoft Offers Concessions to Win EU Approval of LinkedIn Deal,” The Wall Street Journal, November 22, 2016

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Richard Dambrosi (JADTECNIC) Has Been Sharing Forex Analysis Trending Markets News since 2011. Editors and Founder of InvestorsBuz.com , has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars , Electric Cars, Medical Marijuana , 3d printing and Cloud computing , Refers to Readers as BUZ INVESTORS.

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