UPDATED: Forbes.com just confirmed Yahoo! has bought MyBlogLog.
A few months ago the rumor mill was running full speed with acquisition claims of MyBlogLog (a favorite in the blogging world) had been acquired by Yahoo! Those rumors turned out to be a bit ahead of their time.
Today, I was reading Marketing Shift via my reader and I came across their post about MyBlogLog being acquired for $12 million (link leads to their sitemap right now), by *drum rolls* - Yahoo! (see below screen cut)
I clicked on the story and it seems to be pulled. I did a check on the reference to the post and GigaOM had linked to it, but updated that the article had been pulled down.
So, now the rumors start again, until they are verified - it's all speculation. It would be a smart move by Yahoo!, but whether it happens or not has yet to be confirmed.