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Old 03-05-2008, 08:05 PM
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Default Yahoo seeks time to stall buy-out

Yahoo has extended a deadline for naming board directors, to allow it to find an alternative to Microsoft's unwanted $44.6bn (£22.3bn) buy-out bid. After Yahoo rejected the bid, Microsoft hired a firm specialising in proxy battles, indicating it could try to remove Yahoo's board of directors.


source: news.bbc.co.uk/1/hi/business/7279989.stm
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