By the end of today — if TechCrunch’s sources are right — we may know whether Yahoo is going to accept or fight Microsoft’s bid to buy out Yahoo.
Whether or not the final word comes down today — and launches the antitrust-investigation phase of the proposed MicroHoo combination — my question remains: Why are Yahoo management and many Yahoo employees so dead-set against becoming part of Microsoft?
Sure, Yahoos may believe they (somehow?) can make more money, in the long run, as an independent entity. But why has CEO Jerry Yang and the Yahoo board continually rebuffed not just Microsoft buyout offers, but seemingly even partnership arrangements with which the Redmondians have approached Yahoo over the past year-plus?