BeyondGenius.com

Yahoo has postponed their annual shareholder meeting, originally set for July 3, until the end of July to give regulators more time to review documents tied to the board election, the company said today in a corporate filing.

The stated motivation for the postponement is questionable. We think it could be:

• Jerry Yang stalling for more time to make up and come to terms with Microsoft’s Steve Ballmer.
• Jerry Yang stalling for more time to beg Google for a golden escape route.
• Jerry Yang stalling for more time to avoid the brutal confrontation with Carl Icahn at the board meeting.

Whatever the motivation, we believe that something is in the works and that a compromise deal with Yahoo-Microsoft-Icahn will occur by the end of June. 

All of Yahoo’s directors are up for re-election at the meeting. Icahn’s 10 nominees include himself, Dallas Mavericks owner Mark Cuban and former Viacom Inc. Chief Executive Officer Frank Biondi Jr.  Jerry Yang will avoid this meeting like the plague.

In any event, Jerry needs to update his resume.