Remember how Microsoft wants to buy Yahoo to compete with Google? Well, their "friendly" $44.6 billion offer has expired.
Now it's time for things to get ugly, EA/Take-Two style. Microsoft will probably go hostile and fight for the hearts, minds, and greed of Yahoo's shareholders.
Of course, Yahoo's board of directors believes that Microsoft is offering too little for Yahoo's shares and will urge their shareholders to refuse the offer.
Analysts, however, are point to a single company as the big winner in all of this: Google.
While MS and Yahoo fight it out, Google continues to make money and run the web.