Maybe the 2 companies should merge with all stock deal that is equal. If MSFT can turn YHOO into a winner, then both companies and all stock holders will benifit. Just an idea.
The fly in your ointment is this:There are 10 times as many MSFT shares as there are GOOGLE shares. So if they merged EQUALLY, you'd be valuing YAHOO at $250 a share, not $25.Nice pipedream though if you are a YAHOO long.