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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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