The Bids Sure Are Getting Hostile

A series of factors have unsolicited takeover offers on the rise in a market ripe for consolidation

What's the matter with a little hostility? Nothing at all, if you ask Dimitri J. Boylan, chief executive of online employment service Six months after he set plans to merge with TMP Worldwide Inc., parent of rival, media giant Yahoo! Inc. on Dec. 12 barged in with an unsolicited offer to buy HotJobs for $436 million in cash and stock.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.