Is 44 Billion dollars the right price? Well, the acquisition of Yahoo by Microsoft would certainly help MSFT a lot in the quest to stay in the online world battle against Google.
The two do fit nicely together. Both understand content, advertising, entertainment. There's a lot of complimentary benefits. Here's why. Yahoo which has a very big audience that has stuck to it, tons of community aspects, and lots of digital and intellectual property assets would bring a lot to Microsoft and vice versa.
In my mind, only a Time Warner-Yahoo combo would be better.