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Is Microsoft Buying Skype?

Is Microsoft Buying Skype?

The Wall Street Journal has broke the news that Microsoft is in talks to buy Skype:

Microsoft Corp. is close to a deal to buy Internet phone company Skype Technologies SA for between $7 billion and $8 billion—the most aggressive move yet by Microsoft to play in the increasingly-converged worlds of communication, information and entertainment.

A deal could be announced as early as Tuesday, people familiar with the matter said, though they cautioned that negotiations aren't yet final and a deal could still fall apart. Including Skype's long-term debt, the total value of the deal is about $8.5 billion.

Representatives for Microsoft and Skype declined to comment.

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