Yahoo makes bid for HotJobs

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SiliconValley:

"Yahoo announced a $436 million unsolicited offer for HotJobs, the online job-listing service, on Wednesday in a bid to scuttle a proposed sale of the site to market leader Monster.com. […] Semel told analysts in a conference call that the proposed purchase fits Yahoo’s new strategy of buying selected content providers, instead of only serving as the online gateway to services and content."

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