Financial Times FT.com

Microsoft and Yahoo alliance

Yahoo postpones showdown with Icahn

By Chris Nuttall in San Francisco

Published: May 23 2008 00:32 | Last updated: May 23 2008 00:32

Yahoo on Thursday postponed its showdown with Carl Icahn, the billionaire investor seeking to oust its board and sell the company to Microsoft.

The internet company said it was putting off its annual meeting roughly until the end of July for regulatory reasons.

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