Showing posts with label Microsoft Nears $8.5 Billion Deal To Buy Skype. Show all posts
Showing posts with label Microsoft Nears $8.5 Billion Deal To Buy Skype. Show all posts

Tuesday, May 10, 2011

Microsoft Nears $8.5 Billion Deal To Buy Skype, Says Source

NEW YORK (Reuters) - Microsoft Corp is close to buying web video conferencing service Skype Technologies for $8.5 billion including debt, a source familiar with the situation said, in a deal which would rank as the biggest for the software company.

A deal is expected to be announced as early as Tuesday morning, the source said. The source declined to be named because the talks are not public.