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HotJobs.com Soars on Yahoo! Bid





HotJobs.com (HOTJ) was climbing 63.8% to $10.60 in premarket Instinet action, a day after Yahoo! (YHOO - Get Report) offered to acquire the company for $436 million in cash and stock.

Yahoo!'s offer would value each share of HotJobs at $10.50.

HotJobs agreed in June to be acquired by TMP Worldwide (TMPW), the owner of rival online job-hunting outfit Monster.com.

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