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With Yang out, is Microsoft in at Yahoo?

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How the mighty have fallen! In February, Microsoft offered to buy Yahoo for a cool $44.6 billion. Yahoo, under CEO Jerry Yang, turned them down.

That was then. This is now.

Then, Yahoo had an ad deal in the works with Google. Then, Yahoo had a stock north of $27 a share. Then, Yahoo thought it controlled its destiny.

Now, Yahoo’s ad deal was scuttled. Now, Yahoo’s stock is just above $10 a share. Now, Yahoo has been trying to convince Microsoft to play let’s make a deal.

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