Microsoft acquired the outstanding stock of Fox Software in exchange for 1.36 mil common shares in a stock swap, to be accounted for as a pooling of interest, valued at $174.8 mil. The value was based on Microsoft's closing stock price of $128.5 on Mar 23, the last full trading day prior to the announcement of the terms. The transaction required regulatory approval.

Acquirer: Microsoft Corp
Acquirer Business Discription: Dvlp,whl computer software
Acquirer SIC Code: 7372 - Prepackaged Software
Target Name: Fox Software Inc
Target Business Description: Mnfr PC database software
Target SIC Code: 3577 - Computer peripheral equipment, nec
Please Note: Target Financials are not included in this report.

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 Thomson Financial Mergers & Acquisitions
Thomson Financial's (TF) Worldwide Mergers and Acquisitions database covers public and private transactions involving at least a 5% ownership of a company. Transactions include m&a;, stock swaps, LBO's, spinoffs, rumored and seeking buyer deals, and more. U.S. deals date as far back as 1979, and international deals to 1985.