Icahn's proposed slate of directors will be up for election by shareholders at that time.
Carl Icahn wanted to replace the entire slate of directors with his own.
Mr. Loeb eventually proposed his own slate of directors to replace them, but Yahoo's board instead found replacements on its own.
Microsoft has until mid-March to nominate its own slate of directors.
On April 2nd Pershing Square added a seventh candidate to the alternative slate of directors it has nominated to the board of Canadian Pacific Railway.
The board will vote on the new slate of directors later this month, and hopefully put to rest the squabbling between the two parties once and for all.
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Mr. Loeb continues to insist that he and his slate of directors, which includes himself and two former top media-company executives, could help guide the company toward a brighter future.
Last November, he proposed an outside slate of directors to pressure management at ITT Corporation, the White Plains, New York-based conglomerate that includes a sizable military electronics component among its various business lines.
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Despite announcing it was looking to spin off or sell its handset division, corporate raider Carl Icahn told the company he was still planning to run a slate of directors for the upcoming annual meeting.
Mr Icahn, who owns 5% of the internet company, had nominated his own slate of directors and called for Jerry Yang to step down as chief executive after talks with Microsoft over its takeover bid fell apart.
Whether or not institutional investors back his slate of directors, they may be helping Wyly behind the scenes, says DeWitt Bowman, retired chief investment officer of Calpers, who helped oust chief executives at Sears and GM in the early 1990s.
Microsoft was expected to file a new slate of board directors to Yahoo!
Mr. Rothschild meanwhile has assembled a new slate of independent directors with a plan to strip the Bakries of day-to-day control, which he argues would allow the market to value the assets properly.
The company will also nominate a slate of six independent directors to its board, replacing six that already hold seats.
Hess Corp. also said Monday that it will nominate a slate of five independent directors for election to its board at its annual meeting in May.
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