For the first time in Microsoft’s history the company is raising debt. Steve Ballmer has gone on the record as saying he will not raise debt just for the sake of raising debt. That being the case, I ask the question is Microsoft raising debt so it can position the company to buy Yahoo? To add fuel to the fire, Carl Icahn takes his seat on the Yahoo! board today. It’s something to think about….
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Disclosure: I am long YHOO
