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Consequently, in February 2011 Microsoft launched a corporate bond amounting to $2.25 billion with relatively low borrowing rates compared to authorities bonds. When Microsoft went public and launched its preliminary public offering (IPO) in 1986, the opening stock price was $21; after the trading day, the price closed at $27.75. In Accordance to Aaron Tilley of The Wall Avenue Journal that is “marking the largest boardroom departure in the tech industry because the demise of longtime rival and Apple Inc. co-founder Steve Jobs.”
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