国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

Yahoo defers nomination to delay Microsoft's takeover

(Xinhua)
Updated: 2008-03-06 07:37

LOS ANGELES -- US Internet portal Yahoo said Wednesday it is extending the deadline for nominating its new board of directors, in an apparent move to delay a hostile takeover effort by Microsoft.


A Yahoo! billboard is seen on 6th Street in San Francisco, California. Yahoo on Wednesday extended its deadline for nominating board members as the Internet giant maneuvers to thwart a hostile takeover by US software titan Microsoft. [Agencies]


The new deadline for nominating board members will be 10 days after Yahoo announces a date for its annual meeting, according to the Internet search engine.

The nomination process would be important as Microsoft is threatening to nominate its own directors to Yahoo's board after its unsolicited US$45-billion acquisition offer was rejected earlier by the Silicon Valley company.

Related readings:
 7 shareholders sue Yahoo over Microsoft takeover bid
 Investors losing patience with Yahoo CEO Yang
 Gates: Microsoft isn't privately raising Yahoo bid
 Microsoft's fight for control of Yahoo inevitable

The previous deadline for Yahoo to nominate its board members was March 14, and by extending the deadline the company could have more time to weigh alternatives to the Microsoft takeover.

Yahoo chief executive Jerry Yang said in an e-mail message to his employees Wednesday that the company would enable its board to continue to explore all of its strategic alternatives for maximizing value for stockholders without the distraction of a proxy contest.

Yahoo has reportedly been in talks with companies like Google, News Group and Time Warner about establishing some business partnerships.

Software giant Microsoft last month announced the multi-billion- dollar buyout bid for Yahoo after more than one year of unfruitful talks about a merger of the search engine with its MSN unit.

But the unsolicited offer was turned down by Yahoo's board of directors, who argued that Microsoft's offer price substantially undervalued the company.

Microsoft's effort to take over Yahoo is seen widely as the software giant's latest attempt to challenge Google's dominance of the lucrative on-line search and advertising markets. The deal would be the largest in Microsoft's 33-year history.

Silicon Valley nouveau riche Google has been gaining ground on Yahoo, which is also under pressure from the increasing popularity of social networking websites like Myspace and Facebook.



Related Stories  
Top World News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
万载县| 庆安县| 达州市| 新营市| 鄂托克旗| 武城县| 广宁县| 新化县| 舞钢市| 仙游县| 敦化市| 鸡东县| 和平区| 古浪县| 简阳市| 宜丰县| 阳高县| 留坝县| 九龙坡区| 项城市| 洮南市| 富蕴县| 湖南省| 呼伦贝尔市| 黄浦区| 府谷县| 泰和县| 海兴县| 雅江县| 西乌珠穆沁旗| 无为县| 清水县| 建阳市| 庆城县| 仪征市| 大姚县| 仙居县| 黎平县| 讷河市| 钟山县| 专栏|