I sense this story is not over yet -- although if Yahoo! next sells its soul to Google in a partnership for a short-term revenue boost, that'll likely be the definitive end of the Microsoft/Yahoo! permutation.
Mr. Ballmer, Microsoft Platforms & Services Division President Kevin Johnson, Mr. Yang and Yahoo co-founder David Filo met at the airport in Seattle Saturday morning in a last-ditch effort to reach a negotiated agreement, say people familiar with the matter. Yahoo had reduced its asking price to $37 a share, the people say.
After a lengthy meeting during which price and strategy were discussed, Messrs. Yang and Filo returned to California, expecting Microsoft might counter with another offer, according to a person familiar with the matter.