Uh oh, YHOO shares coming in fast on word that the NY Times is reporting that talks between YHOO and Microsoft (MSFT) have focused on an advertising partnership. Microsoft Looks to Yahoo Says Dealbook, "The software giant is in early talks with Yahoo about some form of cooperation; something short of a merger is seen as the most likely outcome. "
I've picked up some puts in here. No buyout? I can't see how it stays above $30.