1. Applied said it made the hostile offer because friendly merger discussions with Read-Rite, based in Milpitas, Calif., had broken down. 2. Applied Magnetics said it started the hostile offer because friendly talks with Read-Rite had ground to a halt. 3. Bank of New York could make a hostile offer to acquire State Street. 4. Because of its hostile tender offer, Browning-Ferris was unable to do a due diligence of Attwoods. 5. A Canadian-based chain of funeral homes and cemeteries called Loewen Group Inc. just gave a lesson on dealing with hostile takeover offers. 6. A milestone of sorts was reached last week when Yahoo succeeded with a hostile offer to buy HotJobs.com, an online recruiting site. 7. A hostile offer does. 8. A hostile offer by another bidder probably would block such approval, although the companies might be able to restructure the deal as a purchase to avoid shareholder votes. 9. After protests from workers who said a fusion of the two companies would destroy jobs, the hostile offer was abandoned. 10. Ahmanson accelerated its buyback program when it made a hostile offer to acquire Los Angeles-area rival Great Western Financial Corp. |