[Reuters] Microsoft offers ValueAct president seat on board

Posted by: UGN Security

[Reuters] Microsoft offers ValueAct president seat on board - 08/30/13 11:52 PM

SEATTLE (Reuters) - Microsoft Corp on Friday offered a seat on its board to the president of ValueAct Capital Management, the activist fund manager that pressed for the ouster of Microsoft Chief Executive Steve Ballmer and wanted a say on the software giant's strategy after taking a $2 billion stake earlier this year.