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Yahoo today made a strategic decision to defend itself against a possible hostile takeover by Microsoft: The March 14 deadline for nominating directors to its board has been canceled and delayed to a not yet specified time in the future. Yahoo hopes that this move will allow the company to be undistracted in the search for alternatives to a $44.6 billion Microsoft buyout.
Yahoo Counters Proxy War Threat From Microsoft : Read more
Yahoo Counters Proxy War Threat From Microsoft : Read more