Yahoo Plays for Time

Schachter, Ken
March 2008
Red Herring;3/5/2008, p4
Trade Publication
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.


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