Microsoft takes $6.2 billion charge, slows Internet hopes

July 2, 2012

Microsoft Corp admitted its largest acquisition in the Internet sector was effectively worthless and wiped out any profit for the last quarter, as it announced a $6.2 billion charge to write down the value of an online advertising agency it bought five years ago.


Source

http://www.cnbc.com/id/48051424

Related companies

Microsoft Corporation


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