LONDON (Brand Republic) - Microsoft is to merge its financial website MoneyCentral with NBC鈥檚 CNBC.com this summer, to create a new personal finance site called CNBC MoneyCentral.
The new site will be part of Microsoft鈥檚 MSN network and redundancies are 鈥渓ikely鈥 as a result of the merger, according to NBC. CNBC MoneyCentral will operate out of Microsoft鈥檚 Redmond, Washington offices.
Earlier this month, NBC announced that it was buying back shares in its separately quoted internet business NBCi, in which CNBC played a small part.
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