TITLE

Yahoo Plays for Time

AUTHOR(S)
Schachter, Ken
PUB. DATE
March 2008
SOURCE
Red Herring;3/5/2008, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Yahoo delayed the deadline to nominate opposition candidates to its board of directors to give it time to seek alternatives to the $44.6 billion acquisition offer of Microsoft. Yahoo amended its bylaws to extend the nominating deadline from March 14, 2009 to 10 days after the announcement of its annual shareholder's meeting. On the news, shares of Yahoo climbed $.61, or 2.2 percent, to $28.67.
ACCESSION #
36876072

 

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