That could do it or start a bidding war (would AAPL, FB, DIS etc. top?) but $30 now is only a 50% premium which is very reasonable. (I think 70% was offered in 2008). But they should do a deal soon and Ballmer could bag Mayer and have her run the new Yabinghoo, etc. and maybe finally make money on the net, and gain in search. Lots of synergies in content, etc. could lead to major cost cuts, and of course the value of the Asia assets (and all the cash) are huge to MSFT etc. If no buyout YHOO will still reach $26.50 before too long now.