Proxy Time

11:55 AM -- Hasn't it been fun watching the media pore over Microsoft and Yahoo quotes like answering-machine messages from an ex? "What did they mean by that word?" "The way Yahoo said that -- they must really want Microsoft to come back!"

The New York Times's DealBook reported yesterday morning that Microsoft will indeed authorize a proxy fight, as long suspected. And there's a pretty strong hint in a Microsoft SEC filing yesterday:
    Microsoft Corporation and its directors and executive officers and other persons may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction.

What this all means is that Microsoft could nominate new directors for Yahoo's board, replacing some of the "nay" votes with "yeas." That sentence from the SEC filing would be Microsoft's first public admission that it's willing to start that fight.

Yahoo's entire board is up for re-election, so Microsoft's next move could be dramatic. Yahoo's bylaws appear to set a deadline of March 14 for nominating new directors.

You just know someone's already writing a made-for-TV movie about all this.

— Craig Matsumoto, West Coast Editor, Light Reading

michael211m 12/5/2012 | 3:47:17 PM
re: Proxy Time "Unlike traditional offerings from U.S. cable companies, U-vers'video is delivered over IP from the head end to the consumer's set-top box. Broadcast channels are distributed via IP multicast, allowing a single stream (channel) to be sent to any number of recipients."

Dose any one know about how u-vers's multicast works? Does u-verse have to upgrade its network for doing so?
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