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Daily One Hot Intraday Tip in Equity to Get You Profit by 11 AM EveryDay.

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Microsoft will acquire close to 4% of the London Stock Exchange

As part of a 10-year strategic relationship, Microsoft would acquire a nearly 4% share in the London Stock Exchange Group (LSEG), the UK bourse operator announced on Monday. Microsoft will purchase the stock held by a group that includes Thomson Reuters and Blackstone. A 4% ownership share in LSEG was worth $2 billion as of Friday's closing price.

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