He is keeping the vast majority of his 19% stake
Thats according to the WSJ. He is Keeping most of his shares.
what does that even mean that they are distributing stock? is that just another word for selling??
It means they are giving the shares to the owners of the private equity fund. Basically, the fund is selling but they don't want to pay taxes on the transaction.Also, since the stock sales will be conducted by individual investors there might be less selling pressure than if the fund just dumped a big block.Quite frankly, I'm not sure why this surprises anyone, Yucaipa was accumulating shares because they wanted a voice. But with first Liberty and now Microsoft in the picture they're getting drowned out.