In Vegas terms, the likelihood of a Microsoft-Yahoo search deal is now a "pick 'em."
That was the takeaway from a report Tuesday by Collins Stewart analyst Sandeep Aggarwal.
"In our view, the likelihood of a Microsoft-Yahoo search deal has gone down materially in recent weeks," Aggarwal wrote in a research note. The biggest hurdle remains the price of a deal, he said.
"We believe that a Microsoft-Yahoo search deal can happen but we are reducing the probability from 80 percent-plus to 50 percent, and with the lowered probability, we restrain ourselves in terms of … Read more