While I don't think Google should follow Yahoo, I wouldn't say Yahoo has been unsuccessful.
This moves reminds me more of Microsoft in the 80s. and then your question becomes, what is it about Microsoft that seems so successful that Google wants to emulate their business model?
Their stock price dictates that they have to continue to grow very fast, and they probably see the end of growth looming ahead (once they hit 100% share).
They share might not grow any longer - but there are still a lot of people offline.