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Thursday, June 5, 2008

Fexon Technology Ltd: Yahoo will be held on August 1 annual shareholder meeting

Fexon Technology Ltd: Yahoo will be held on August 1 annual shareholder meeting

Fexon Technology Ltd report that Yahoo will be held on August 1 annual shareholders meeting, according to the company's filings with the Securities and Exchange Commission a document that shows.

The meeting was originally set at this year be held on July 3, but Yahoo said last month that they would delay the meeting time until the end of July, is expected to be in the western United States, California San Jose (San Jose) of the Fairmont Hotel. (Fexon Technology Ltd)

The shareholders meeting is destined to become the most controversial of the General Assembly, because Yahoo is working to resist the idea from Microsoft to the value of 44.6 billion U.S. dollars takeover offer.

Kaeryikan investors that Yahoo should accept Microsoft's offer, he plans to nominate 10 candidates to replace Yahoo's board of directors. If it successfully, said he plans to Yahoo co-founder and chief executive officer and board member Jerry Yang forced to step down.

Icahn has always been its aggressive momentum for the well-known people, since February this year, Microsoft acquired Yahoo's pricing, he has bought millions of Yahoo stock.

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