Digital River extends Microsoft deal and Soros increases stake to 10.1%



Via Twin Cities Business

“Minnetonka-based Digital River, Inc., has extended its distribution agreement with its largest customer, Redmond, Washington-based Microsoft Corporation, by four months to March 2014.

News of the extension, outlined in a Wednesday filing with the U.S. Securities and Exchange Commission (SEC), sent the e-commerce giant’s stock up 5.3 percent that day to close at $15.71. Shares were trading down 0.7 percent at $15.60 mid-day Thursday.”

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