Well Microsoft’s investors have given their opinion of the proposed acquisition of Yahoo, and let the feet do the walking, as they hit the exit, Microsoft shares have lost 14% of there value since it announcing its $44 billion dollar bid for Yahoo.
This 14% loss in share value equate to just about 40 Billion dollars in lost share value for Microsoft.
So far the combined price for Yahoo could be said to top 80 billion dollars so far.
There is also much speculation that Microsoft may yet raise it’s bid to $35 a share from the $31 it offered last week.
Meanwhile a House Judiciary panel hearing into the potential
Stay tuned.