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Ballmer keeps sellin' that Microsoft stock | |
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| Time: 07:52 EST/12:52 GMT | News Source: *Linked Within Post* | Posted By: Chris Hedlund | ||
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Steve Ballmer, who sold $1.3 billion of his stake in Microsoft two weeks ago, has divested $84.29 million more in stock, according to a filing today with the U.S. Securities and Exchange Commission. After the initial sales -- his first in seven years -- the Microsoft chief executive said he would sell $700 million's worth more by the end of the year. Now he's got $615 million to go if he plans to hit the $2 billion mark, or about 75 million shares. After this recent sale, Ballmer owns about 355.75 million shares worth $9.32 billion. Last week, speculation rose that Ballmer was planning to purchase the Sacramento Kings NBA team, but the franchise's owner denied it. | ||
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| #1 By 20505 (75.84.254.249) at 11/16/2010 3:45:59 PM |
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The Kings? Really? Naw, he wouldn't do anything as dumb as that.
Why not just buy the New Jersey Nets? Oh, wait... some Russian billionaire bought that turkey of an organization. |
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