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Mar. 12, 2002

Heating Up the Market With a Hostile Takeover

King led Sunnyvale's Yahoo! Inc. in its hostile takeover of New York-based HotJobs.com Inc. HotJobs had entered into a merger agreement with TMP Worldwide Inc., the operator of online job site Monster.com. HotJobs' planned merger with TMP was valued at $460 million, but then the price of TMP's stock fell and dragged the deal value down to $355 million.

Name:Kenton King
Firm:Skadden Arps Slate Meagher & Flom in Palo Alto
Practice Area: Corporate law
Age: 47
        
        King led Sunnyvale's Yahoo! Inc. in its hostile takeover of New York-based HotJobs.com Inc. HotJobs had entered into a merger agreement with TMP Worldwide Inc., the operator of online job site Monster.com. HotJobs' p...

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