Now let's look at that unsolicited bid, which is a big deal because it's Murdoch, because it's a gigantic national newspaper, and because the offer is so high.

NPR: Speculators Saw Dow Jones Bid Coming

Microsoft is making an unsolicited bid to buy Yahoo.

NPR: Microsoft Targets Yahoo with $44.6 Billion Offer

Blackstone Group (nyse: BX - news - people ) and Morgan Stanley (nyse: MS - news - people ) are representing it in the unsolicited bid.

FORBES: Yahoo! Deal's Paper Lions

Murdoch made what seemed like a sort of preposterous offer for the company, offering two thirds over what was then the stock value for the company a month ago when he made this unsolicited bid.

NPR: Dow Jones Owners to Consider Murdoch Bid

New York Times Co. shares jumped sharply this morning as trading opened thanks to a report that a group of investors headed by entrepreneur Aaron Kushner is making an unsolicited bid for the Boston Globe.

FORBES: NYT Shares Pop as Boston Globe Comes Into Play

Microsoft launched an unsolicited bid for Yahoo!

FORBES: Yahoo! Says 'It's Over.' Microsoft Disagrees

Last Monday, the pair revealed that the deal would prevent an unsolicited bid for Schering from Merck, but that if either company merged with someone else, the remaining partner, most likely Merck, could buy all of the joint venture.

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"You are committed to consummating an insider deal that prioritizes and monetarily benefits Cole Holdings and its management, " Mr. Schorsch wrote in an April letter to Cole Credit's three independent directors who were charged with evaluating the Cole merger and American Realty's unsolicited bid.

WSJ: Cole REIT Selects Its Own Deal Over Rival's

It then rejected an unsolicited takeover bid made Feb. 15, and--on Friday--rejected a second bid made on Feb. 19.

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Then Bass launched an unsolicited takeover bid for the rest of the company and sued it in an effort to increase his share of its dividend payments.

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