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It is a good thing the author noticed that fast that this is the first bond offering ever made by Microsoft, I had made an article about it on my blog.
May 17 13:33 pm
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All Comments by Grahamite In Training »Microsoft Becomes Just Another Company [View article]
I had also considered it using the M&M theorem II and clearly noticed the clear tax advantage for the company. But the reasons they implied for the use of the money simply dazzled me... mostly considering their $20 billion position.
I don't think we have to worry about Microsoft's future.