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August 23, 2013 09:15 pm GMT

Ballmer's Exit Adds $18 Billion To Microsoft's Value As Investors Cheer Its Impending Leadership Change

2013-08-23_10h04_22Today Microsoft CEO Steve Ballmer announced that within 12 months, he will exit as the company's leader. A special consortium at the company will work to find his replacement. And that person won't be Steve Sinofsky or Bill Gates so calm down. The news, announced before the bell this morning, has sent Microsoft's stock up, but not as high as you might think.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/vqAdVsI-9Fg/

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