Yahoo! Board of Directors Says Microsoft's Proposal Substantially Undervalues Yahoo!
Shares of MSFT have been falling steadily since this hostile action was announced. A Yahoo takeover is proving to be more trouble than it's worth. Microsoft's market value has plunged over $40 billion and continues to fall today on the NASDAQ Exchange as Yahoo shares rise!
Chris Liddell, Microsoft's Chief Financial Officer say's he's disciplined and ruthless believing acquisitions are a way of growth. Christopher previously worked for a paper company and I'd be curious to see if he'd survive a game of Monopoly with group of sixth graders.