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Mithras Capital, an investment fund that, poor thing, owns 1.9 million shares of Yahoo, which amounts to a fractional percentage in the company, has suggested that Microsoft buy the joint for $22 a share, these days something like a 60% premium to its bombed-out stock price, then sell off Yahoo’s Asian and non-search interests, cut costs by $3 billion and get $2.8 billion in tax benefits.

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