The dam has finally busted. Will Microsoft be able to pull off the deal to buy Yahoo and then, more importantly will they be able to make a success of the integration. This could be one of the most exciting news stories of the year. Will this be welcomed by Yahoo? Is this the big deal that Terry Semel was said to be working on only yesterday? Could Yahoo look for some other combination - with Ebay - and act defensively to stop the acquisition? The current offer is very expensive - 60% over the closing share price yesterday.