Microsoft Close to $7 Billion Deal to Buy Skype, WSJ Reports

Microsoft Corp. (MSFT) is close to an agreement to buy Skype Technologies SA for more than $7 billion, the Wall Street Journal reported, citing unidentified people familiar with the matter.

An accord may be announced as early as today though the deal may still fall apart, the Journal reported. The report said that representatives for Microsoft and Skype declined to comment.

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