Tuesday, March 11, 2014

4:40 PM
Today Microsoft announced in a combined press release that it has named ValueAct Capital's President Mason Morfit to its board, and that it will issue a quarterly dividend of $0.28. Neither piece of news is a surprise. Microsoft and ValueAct created a "cooperation agreement" in which the investing group got "regular meetings" with executives, and the option for Morfit to join its board. Given… Read More


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