
Microsoft MSFT.O stock holding gain, last up 0.6% on Wed as EU regulators likely to accept co's offer on Office and Teams products, avoiding hefty antitrust fine
EU scrutiny follows complaints from Salesforce-owned Slack and German rival alfaview about unfair advantage from bundling Teams with Office
Co unbundled Teams from Office in 2023, adjusting pricing to address rivals' concerns
MSFT's proposal includes better interoperability terms to make it easier for rivals to compete, sources tell Reuters
MSFT stock up ~7% YTD, outperforming Nasdaq .IXIC, which fell 1% in same period
Stock ~4% below 52-week intraday high of $468.35 reached on July 05, 2024
MSFT recently traded at 30x expected earnings, suggesting it may be fairly valued vs avg forward PE of 30 over past five years