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Bill Gates Files to Sell 3 Million Microsoft Shares

Time: 16:37 EST/21:37 GMT | News Source: Reuters | Posted By: Byron Hinson

Microsoft Corp. Chairman and co-founder Bill Gates (news - web sites) has made a filing with the Securities and Exchange Commission to sell 3 million common shares of the world's largest software company. The shares had a market value of $193 million when he made the filing on Jan. 29, the document showed. Gates sold a total of 13 million shares valued at more than $881 million between Oct. 30, 2000 and Jan. 26, 2001.

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