The follow-up after Jerry Yang initially refused Ballmer: somehow Jerry had a come-to-Jesus moment and decided to sell but by then Ballmer changed his mind. Jerry even chased Ballmer on a golf course trying to sell but to no avail.
https://www.businessinsider.com/2008/5/jerry-and-steve-playe...
Wasnt that deal pricing whole of Yahoo as worth minus billion dollars with Alibaba stock the only valuable thing in the package?
Re:What Went Wrong for Yahoo
by fuzztester on Monday July 28, 2025 @03:58AM
(#44708402)
Could be. I don't remember.
https://news.microsoft.com/source/2008/02/01/microsoft-propo...
So for about $44 billion.
I had read the news at the time on multiple channels.
They didn't take the offer.