Microsoft Buys Skype for $8.5 Billion
The days of large cash transactions are over, brah. Back in the day before computers, banks (you know, the institutions consumers and companies use to handle their money) used very, very large denomination bills to transfer money. There used to be a $100,000 bill, but that was back in the 20's, and in that time, there was no such thing as an $8 billion company. Thus, never, ever, ever, EVAR, no matter what time period, would a company use paper money to purchase something in the billions - or even millions - of dollars.
What this article means is that Microsoft will not be trading shares to buy the company. A l...
What puzzles me more is the lack of reaction from those adamantly opposed to the AT&T/T-Mo merger. Why is MS gobbling up others less bothersome to those that complain about AT&T "monopoly"?
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