March 5, 2008
Yahoo Extends Deadline for Nominating Directors
Yahoo amended its bylaws to extend the deadline for nominating directors from March 14 to 10 days following the public announcement of the date for the 2008 Annual Meeting (which has not yet been announced). This will give Microsoft more time to nominate directors, if it decides to pursue this option. Yahoo stated that it remained committed to pursuing alternatives to maximize shareholder value.
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