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Paid For Github In 1 day. Cool.

This is a Post from the Symbol Surfing Blog from Mon, Jun 4, 2018.


Microsoft has acquired GitHub for $7.5B in stock

https://techcrunch.com

The market capitalization of MSFT is $780 billion.

This $7.5 billion purchase represents less than 1% of $780 billion market cap.

It's also worth mentioning that MSFT stock was up almost 1% today on this news.

The increase in stock price today alone almost paid for the entire acquisition.

I remember when Google bought YouTube for $1.65 billion in stock back on October 9, 2006

The increase in Google's stock price more than paid for the entire purchase within a few days.

So, what does it mean when the acquirer's stock price goes up and that pays for the entire acquisition?

It means that the market likes the purchase and I do too.

What do you think about "Paid For Github In 1 day. Cool."?

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Mon, Jun 4, 2018 MSFT @ $101.67