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Media company $SNI said on Feb. 24, 2016 it sold its 7.3% equity interest in Fox Sports South to the controlling interest holder for a sale price of $225MM upon the exercise of the company's put right. $SNI said the sale resulted in a gain of $208.2MM for 1Q16. Further, the gain on sale resulted in tax expense of approx. $73.6MM for 1Q16.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.