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TMP Worldwide Inc., which is trying to buy online job site HotJobs.com Ltd. fired a salvo Dec. 14, in the form of a blistering letter to HotJobs management, against Yahoo! Inc., which has tried to supplant TMPs offer for the company.
In a letter to HotJobs CEO Dimitri Boylan, TMP Chairman and CEO Andrew McKelvey indicated that TMP "remains totally committed" to completing the agreement and that its offer represents a better deal for shareholders over the long term.
New York-based HotJobs had accepted an offer from New York-based TMP back on June 29, that calls for it to receive 0.2195 shares of TMP stock for each share of...