RealTime IT News

Big Mac Attack

Bell Microproducts + Ideal Hardware, eMerge Interactive + Eastern Livestock, Jordan Cattle Auction, + Music of the World, + Resumix, Quest Software + MessageWise, Unify + New Atlanta, Wireless Facilities + Comcor Advisory Services (HOTJ) merges with Resumix


   *  Amount:         $60 million


   *  Terms:            4.7 million HOTJ shares plus cash

   *  Premium:        n/a


   *  Industry:        Internet services


   *  Scorecard:      C+


    SUNNYVALE, April (HOTJ) announced that it signed a definitive agreement to merge with Resumix. Combining's award-winning technology with Resumix's enhanced hiring management systems creates a powerful and unique service to provide valuable new web-based tools for the combined company's customers to automate their recruiting workflow. Following the merger, Resumix will continue its operations as a subsidiary of headquartered in Sunnyvale, California.

    Under the terms of the agreement, will issue approximately 3.6 million shares of its common stock, representing approximately 10.2% of its common stock outstanding after the merger, to Resumix's current stockholders who are accredited investors. Stockholders of Resumi