Yahoo CEO Bartz says she would have taken last year's Microsoft offer - San Jose Mercury News
Not surprising given the hindsight. However, anyone paying attention at the time (outside of Microsoft and Yahoo!) should have known that the entire situation was quite a paradox.
Microsoft (the acquirer) should not have been interested in the deal at all, while Yahoo! (the target) should have been grateful for the opportunity to be acquired at that price. Yet, Microsoft tendered the offer and Yahoo! fought hard to reject it, and succeeded.
Now, it is painfully obvious Yahoo!’s rejection was a mistake.