Yahoo! extends deadline for board nominations

By Lisa Kerner

Charlotte, N.C., March 5 - Yahoo! Inc. amended its bylaws, extending the deadline for nominating directors to Yahoo!'s board from March 14 to 10 days following the public announcement of the date for Yahoo!'s 2008 annual meeting.

The company has not yet announced the date for the 2008 annual meeting.

Stockholders and Microsoft Corp. will have more time to nominate one or more directors to the board.

The extension also allows the board to continue exploring strategic alternatives "without the distraction of a proxy contest," the company said in a news release.

Yahoo! is an internet brand and internet services provider based in Sunnyvale, Calif.

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