Yahoo share price below where it was when Microsoft made its offer
Click to viewThe markets closed yesterday with Yahoo shares worth $19.11. It was the second day in a row Yahoo shares closed below the $19.18 they were worth on January 31, the day before Microsoft made its $31 per share offer public. "Your proposal substantially undervalues Yahoo," wrote Yahoo CEO Jerry Yang to Microsoft CEO Steve Ballmer on April 7. Yang must feel the same way about his current shareholders.