NYtimes - In the course of a terminal illness, a person will often start to cast about for alternative therapies: herbs, acupuncture, fasting on a Tibetan mountain. This exploration is simply part of the process of coming to terms with the painful truth. That’s the best way to understand all the reports of possible deals coming from Yahoo. Jerry Yang, Yahoo’s chief executive, has engaged a bevy of creative bankers who are busy trying to concoct all sorts of fanciful business arrangements. They tried and failed to find any takers in the private equity world, and they have run proposals by the business development departments at all the usual suspects -– Google, AOL and News Corporation, among them, according to executives at those companies.
There is indeed some active discussion between News Corporation and Yahoo now (as first reported by Silicon Alley Insider). But News Corporation senior executives say they don’t believe anything will come of this.
The diagnosis is even more clear now than it was 12 days ago when Microsoft first announced its unsolicited bid: Yahoo will get sold to Microsoft. All that’s left to work out is the price.
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