Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
http://www.businessweek.com/investor/content/oct2005/pi20051011_3974_pi010.htm

RealNetworks (RNWK ) : Reiterates 3 STARS (hold)
Analyst: Scott Kessler

We believe the company has settled its antitrust lawsuit against Microsoft (MSFT ), and the companies have scheduled a related conference call for 1 pm EDT. However, we cannot confirm the specifics reported by The Wall Street Journal on Oct. 11, which indicate the deal's value at some $750 million. The agreement could provide for RealNetworks's Rhapsody music service being promoted by Microsoft's MSN. Since filing its lawsuit in Dec. 2003, RealNetworks has incurred some $21 million in antitrust expenses through the second quarter. With a market cap of under $1 billion, we think a $750 million settlement would be a substantial windfall for RealNetworks.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.