They could still luck out
With 1Q earnings from both companies out and nobody blinking as a key deadline passed over the weekend, Microsoft appears to be no closer to buying Yahoo than when it made its $44.6 billion bid nearly three months ago.
If Microsoft is very lucky, their management will be spared the consequences of this extraordinarily stupid idea. The two companies would not mesh at all - either from a technology or a culture standpoint. It would be a large scale version of what happened with ParcPlace-Digitalk, and let me tell you - that went very, very badly.

Comments
Revolt
[Patrick Logan] April 28, 2008 14:18:48.458
Siounds like MSFT may get out of this via executive revolt. Perhaps enough of them realize the wrong-headedness of it to over-rule Ballmer. The best move MSFT can make is get rid of Ballmer. The second-best move they can make is get rid of Ozzie. They need real internet people at both of those positions, and they have perhaps the exact opposite in each.
Re: They could still luck out
[ James Robertson] April 28, 2008 15:08:20.429
Comment by James Robertson
They might get a yes from Yahoo in spite of it all - I saw a report over the weekend about some senior Yahoo folks who desperately want the buy to go through (because they would get paid). So if MS is very unlucky, the deal will go through based on that. If they're lucky, it won't
If they are even luckier, the execs pushing this idea will get retired :)