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Ballmer cuts stake in Microsoft with shares sale

Time: 08:27 EST/13:27 GMT | News Source: *Linked Within Post* | Posted By: Chris Hedlund

Microsoft chief Steve Ballmer cut his stake in the company by about 12 per cent late last week, after selling $1.3bn worth of shares. It�s the first such stock sale by Big Steve in seven years and was done, according to Microsoft, to �diversify� the firm�s CEO�s investments and help plan for taxes.

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