Microsoft has dumped its 7.3 percent stake in Comcast the US's largest cable operator, according to a Securities and Exchange Commission filing.
Redmond owned roughly 150.9 million Comcast
shares. It last acquired 115 million Comcast shares in 2002 as part of a deal
related to Comcast's acquisition of AT&T Broadband. Oddly Microsoft getting out of Comcast increased the share
price of the outfit.
It is not clear what Redmond is up to. It didn't have
enough shares to try and influence the company and the shares might have been in
Comcast just as an investment programme.