It is deeply sad that there's even a chance that Yahoo will be sold for ~$5BN to Verizon, which bough AOL for $4.4BN, especially considering that AOL has 0.9% of the US web search traffic while Yahoo still has more than 10% and amazing agreements in place that allow it to show the best search results between Google and Bing. How is this maximizing value for shareholders exactly ?
Yahoo has been on sale for a long time, clearly there have been issues with buyers finding value. They probably have a point.
People don't see growth in Yahoo. They were on top before Google (I remember Yahoo was _my_ choice for a long time) and it seems they've just been existing, coasting on brand recognition but not accomplishing much. It's easy to see a future where Yahoo only goes slowly downward.