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HotJobs will take Yahoo! bid unless TMP increases offer

Published on .

New York--HotJobs.com Ltd. said it would accept Yahoo! Inc.'s $436 million takeover offer unless TMP Worldwide Inc. increases its $378 million bid. TMP Worldwide has 72 hours to come up with a new offer. Yahoo! is keen on acquiring HotJobs as part of its plan to find new revenue sources other than online advertising.
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