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Yahoo! delays meeting to avoid showdown
The internet company Yahoo! has postponed its annual meeting as it grapples with the prospect of a shareholder rebellion in which as many as 30 candidates may try their luck in getting elected to its board of directors. A potentially rowdy gathering in California was due to be held on July 3 but Yahoo! has put it off to an unspecified date ”expected to be around the end of July 2008”.
