Yahoo: A bargain at half the price? (Lexington Herald-Leader)

SEATTLE . When Yahoo Inc. co-founder and CEO Jerry Yang spurned Microsoft Corp.’s rich buyout offer this spring, he promised that brighter days in Sunnyvale were just over the horizon. Now the market collapse has helped drive Yahoo’s value to a fraction of what Microsoft originally bid. If Microsoft or another buyer were to float a new offer, the acquisition would come much cheaper, and …

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