on the newswires this AM

Rachel Luxemburg ( rslux@link-net.com )
Tue, 01 Jul 1997 08:51:18 -0400

NEW YORK, July 1 (UPI) _ Microsoft Corp. executives are reportedly
considering a bid to acquire CBS, with the New York Post reporting four
Microsoft executives are poring over CBS's books. Microsoft is worth $153
billion, and reportedly has $9 billion cash on hand, so it could easily
afford CBS's estimated $14 billion price tag.


Rachel Luxemburg
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