From the time MSFT launched an unsolicited takeover bid for Yahoo! and earlier this week, we covered every angle of the story possible, to the point that one of our readers asked, WTF?

We decided to tone it down a bit, but it’s been a few days since we talked about the deal at all, so it’s high time we dust off the dossier and look at what’s happening. The storyline is mezmerizing, a real soap opera. continue reading...

Before people accuse me of being crazy, let me state that yes:

- I have lost faith in YHOO’s management
- I believe MSFT’s 62% premium is generous
- I do not think - short of our hail marry proposal - that Yahoo! has any real white knight options
- outsourcing search to Google is criminal and I will personally sue YHOO’s management and Board for breach of fiduciary duty
- ultimately, Yahoo! will be part of Microsoft, as a subsidiary, no less. continue reading...

Assuming the Microsoft takeover of Yahoo! consummates, the investment bankers will be making a fortune:

The four advisers, Goldman Sachs , Lehman Bros., Morgan Stanley and Blackstone stand to make as much as $1.3 billion between them, analysts and experts said. continue reading...