Michael Arrington - Should Yahoo! have accepted Microsoft's bid?

"massive destruction of shareholder value"

From TechCrunch:

I don’t believe that there is anything Yahoo could do at this point to further destroy their business that would surprise me.

Also from TechCrunch:

It’s time to end this thing before Yahoo ends itself. I don’t care if they throw AOL, MySpace, and half the rest of the Internet into the deal along with Yahoo. But the health of the Internet demands a counter balance to Google. Yahoo-Microsoft, given the current state of things, is the only reasonable outcome.