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On March 14, 1986, Microsoft went public and traded more than 3.58 million shares. The stock price was $21 per share during the opening day day and closed at $27.Co-founders Paul Allen and Bill Gates became instant millionaires during the offering.<ref>[http://blog.seattlepi.com/microsoft/2006/03/16/looking-back-microsoft-ipo-march-1986/ Microsoft IPO]</ref>
 
On March 14, 1986, Microsoft went public and traded more than 3.58 million shares. The stock price was $21 per share during the opening day day and closed at $27.Co-founders Paul Allen and Bill Gates became instant millionaires during the offering.<ref>[http://blog.seattlepi.com/microsoft/2006/03/16/looking-back-microsoft-ipo-march-1986/ Microsoft IPO]</ref>
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===Microsoft during 1990's-DOJ Allegations==
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===Microsoft during 1990's-DOJ Allegations===
 
In 1990, Microsoft became the first PC Software company to record more than $1 billion sales in one year. Michael Hallman assumed President and CEO of the company after the retirement of Jon Shirley. That same year, the U.S. Department of Justice started to investigate Microsoft Corp., regarding allegations of monopolistic practices in the PC software market.<ref>[http://library.thinkquest.org/22522/timeline4b_en.html Computer Chronicles]</ref>
 
In 1990, Microsoft became the first PC Software company to record more than $1 billion sales in one year. Michael Hallman assumed President and CEO of the company after the retirement of Jon Shirley. That same year, the U.S. Department of Justice started to investigate Microsoft Corp., regarding allegations of monopolistic practices in the PC software market.<ref>[http://library.thinkquest.org/22522/timeline4b_en.html Computer Chronicles]</ref>
  
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