It has absolutely nothing to do with politics. Microsoft offered to acquire Yahoo for $44.6 billion dollars in 2008 [1]. Jerry* Yang turned them down claiming the offer "substantially undervalued" the company. 8 years later they sold to Verizon for $5 billion [2].
[1] https://www.cnet.com/news/yahoo-rejects-microsofts-bid/
[2] https://www.forbes.com/sites/briansolomon/2016/07/25/yahoo-s...
*I incorrectly said Andrew Yang initially, my apologies for my bad memory and any confusion it may have caused. Thank you Hexcles for the correction.