WAR OF WILL WINS 144TH PREAKNESS IN RACE THAT INCLUDED RIDERLESS HORSE
MICHIGAN GOP CONGRESSMAN SEEN AS FIRST OF PARTY TO SAY TRUMP ACTS IMPEACHABLE
AOC STANDS WITH BUFFETT: CEO NET WORTH SHOULD TAKE A HIT IF BAILOUT GIVEN
JOE BIDEN PITCHES HIMSELF AS A UNITER EVEN AS HE TEARS INTO TRUMP
HERE'S THE STOCK PLAY BOOSTED BY 'GAME OF THRONES' BANDWIDTH HOGS
THE TARIFF TIFF AND A FED RETHINK ARE JUST TWO AREAS OF STOCK-MARKET ANGST
ECONOMIC PREVIEW: CONSUMER SPENDING SLOWS, INVESTMENT HURT BY CHINA TRADE WAR
STRATEGIST: A NUMBER OF INDICATORS SUGGEST THE STOCK MARKET COULD EXTEND GAINS
AUSTRALIAS RULING CONSERVATIVE COALITION APPEARS HEADED TO A SURPRISE WIN
U.S. STOCKS END LOWER FOR DAY AND WEEK ON U.S.-CHINA TRADE UNCERTAINTY

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.

Let me know in the comments section!

If you think your friends would like this post, please share it. Thanks!


Mon, Jun 4, 2018 MSFT @ $101.67