lots of rumors about MS buying EA or Valve... a tip, as indie, it's always good to have your OWN site and still offer the option to players to buy your game directly. You never know what's going to happen tomorrow 
I don't think Valve will ever sell (to MS or anyone else). They really have no reason to, right now at least
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It does depend on the offer. Is Valve a public or private company? If MS offered enough, more than the company value, the owners would be crazy not to sell There's an article that says Newell is worth $4.1b and owns 50%. If MS offered 10-20 billion, they'd be crazy not to sell
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