Well, the well documented saga continues with Microsoft and Yahoo. On February 1 2008 Microsoft offered to buy Yahoo for $44.6 billlion or $31 per share (Yahoo is currently trading around $14), which Yahoo rejected as an undervalued offer. Almost one year later co-founder and then CEO Jerry Yang stepped down due to Yahoo's poor performance, replaced by Carol Bartz.
Upon her arrival Carol Bartz has just been on a mision.
...Other Stuff...
Now Carol Bartz and Steve Ballmer are reportedly collaborating on search between Microsoft and Yahoo, and mark my words, something will come of it.
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