‘ValueAct To Microsoft: Start Paying Attention To Bottom Line’ – ‘ReadWrite’

The latest post on ‘ReadWrite’ is titled “ValueAct To Microsoft: Start Paying Attention To Bottom Line”.

Brian Proffitt says, “Rather than take on activist investor fund ValueAct Capital in a nasty proxy fight so soon after the announced departure of CEO Steve Ballmer, Microsoft has opted to allow ValueAct regular access to Microsoft management and directors, and even the option for ValueAct president Mason Morfit to join the Microsoft board.

According to an 8-K regulatory form filed with the SEC Friday, Microsoft agreed to the deal to prevent ValueAct from launching a proxy fight, talking smack about Microsoft or its management team and trying to pick up more than 4.9% of Microsoft’s common stock shares, among other stipulations”.

ValueAct To Microsoft: Start Paying Attention To Bottom Line

ReadWrite