Yahoo Counters Proxy War Threat From Microsoft

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.

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Silellak4004d ago

What's a "Yahoo!"? Is that like Google or something?

Bladestar4004d ago

It's funny how business works like politics... so... all of the sudden Yahoo became a dictatorship... and democracy where directors decide when they want to retire from their position...

Are they trying to make their investors sells all their stocks?