Is Microhoo a done deal?

Is it finally over?
In early 2008 when it seemed the crisis was never going to materialize Microsoft offered a huge amount of cash to buy Yahoo, but Yang was relentless in his Microsoft hatred and was keen on keeping the company free from the evil side so they declined the offer and demanded more money, a silly fact that forced shareholders to accept Yang's resignation and even then Microsoft refrained from bidding again and they just wanted the search engine business and now they have bing which is fairly capable but still is really far from Yahoo.

We'll see if all of those old mashups and mockups about yahoo being sold are going to be useful at last.