New York, July 25, 2016 -- Moody's Investors Service ("Moody's") confirmed the Aaa senior unsecured ratings of Microsoft Corporation and changed the outlook to negative. This concludes a review for downgrade initiated on June 13, 2016 following the announcement that Microsoft agreed to buy LinkedIn Corporation for $26.2 billion in cash. The Prime-1 short-term rating was not under review and is affirmed.

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