BioWare Purchased By Microsoft?

Various sources are reporting that Microsoft may be purchasing BioWare and announcing the acquisition at this year's E3. According to Ferrago, the latest issue of Polygon magazine "is reporting an unnamed source from within Microsoft's Game Studios publishing division as stating that Redmond will imminently announce the finalisation of a BioWare purchase agreed". To try and determine if the rumor is valid, HomeLan Fed has contacted BioWare directly and received a response that contains no apparent denial:
BioWare's upcoming Xbox action-RPG, Jade Empire, is based on an entirely new BioWare intellectual property and slated for a Holiday 2004 release. Microsoft is the publisher for Jade Empire. Microsoft is a certainly a valued business partner with whom BioWare enjoys a very positive and cooperative relationship.

Very, very interesting.