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Monday, July 30, 2007

Bill Gates Sells 2M Microsoft Corp. (MSFT) Shares

Bill Gates, the chairman of software maker Microsoft Corp., sold 2 million shares of common stock, according to a Securities and Exchange Commission filing Friday.
In a Form 4 filed with the SEC, Gates reported he sold the shares Wednesday for $30.39 to $31.10 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

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