hostile takeover

British natural gas producer BG Group PLC abandoned its hostile takeover bid for Origin Energy Ltd., Australia's second-largest power retailer, on Monday.

Electronic Arts said that it has withdrawn its $2 billion tender offer to purchase its smaller rival, ending a five-month long hostile takeover bid.

Take-Two is asking Electronic Arts to reconsider.

No news isn't always good news. Four days have passed since the expiration of Microsoft's deadline for Yahoo to accept its buyout offer or face a hostile takeover.

Microsoft declared it would launch a proxy fight to oust Yahoo's board or walk away from the deal if the two failed to reach an agreement by April 26.

"Craigslist has never sought any outside money, and that's not going to change."

Craigslist is firing back at its rival and minority owner eBay, scolding the online auctioneer's actions as unethical and smelling of a hostile takeover.

In a move that pits two of the Internet's most popular sites against each other, EBay Inc. sued the online classifieds company Tuesday, alleging it unfairly tried to dilute eBay's stake in it.

EBay purchased a 28 percent stake in privately held Craigslist in 2004.

Blockbuster, which has been busy trying to fix its own movie-rental business, is making a hostile takeover bid of just over $1 billion for Circuit City with dreams of creating a huge chain that would sell electronic gadgets and rent movies and games.