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Microsoft (NASDAQ:MSFT) doesn't plan to sell its 26.2M share, 1.7% stake in Facebook (NASDAQ:FB)...

Aug. 10, 2012 4:35 PM ETMicrosoft Corporation (MSFT) StockMSFT, METABy: Eric Jhonsa, SA News Editor2 Comments
Microsoft (NASDAQ:MSFT) doesn't plan to sell its 26.2M share, 1.7% stake in Facebook (NASDAQ:FB) when their lock-up period ends next week, says Bloomberg. The stake, purchased for $240M in '07, has strategic value for Microsoft: Facebook's search engine includes Bing results, Microsoft sells Facebook ads, and Bing recently added public Facebook content to its results. (earlier)

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