Without a competing suitor to push Microsoft's unsolicited bid higher, Yahoo is turning to its investors to get that job done.
After having snubbed Microsoft's initial takeover proposal, reports have indicated that Yahoo is still counting on the software giant to mount another acquisition bid, should its attempts to play the field backfire.
Yahoo may indeed agree to Microsoft's US$44.6 billion bear hug, but it will be over Jerry Yang's dead body.
Microsoft officially withdrew its offer to acquire Yahoo on Saturday but only after it threw an additional US$5 billion on the table.
On 1 February 2008, Microsoft made a US$44.6 billion bid for search giant Yahoo. Follow all the news about the deal with ZDNet.com.au.
As Microsoft's deadline for Yahoo to accept its takeover bid passes, the tech world is still waiting for information from either company on their wedding plans.
Nobody, least of all Yahoo and Google, doubted that the two companies' search-advertising deal would escape any antitrust scrutiny.
On Saturday, Microsoft formally withdrew its offer to acquire the search pioneer, at least for now. So what happens next for Yahoo? A deal with Google looks likely.
Google and others are under scrutiny as advertisers fret about phony clicks.
For a man a few months away from leaving his job, Bill Gates has a lot on his mind.
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