Yahoo! Shares May Rise to Equal Offer By Bell

Yahoo jumps 53 percent after Microsoft offer | Markets | Hot Stocks | Reuters

Microsoft reportedly offered Yahoo! for $31 per share - a 62% premium over Yahoo!'s closing share price of $19 on Thursday. However, investors are so positive about the possible deal that Yahoo!'s stock is now up to $30.70 per share, or 60%, in pre-market trading.

By the time the bell rings to open formal trading today, Yahoo! might actually be worth what Microsoft has offered.