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