Everything old is new again as the original Hobgoblin returns to his life of crime! But the goblin's first target isn't the Spectacular Spider-Man! It's the Osborn Corporation! The ruthless super-villain is planning a corporate takeover...preferably in a hostile manner! Meanwhile Betty, Flash, Peter, and Mary Jane piece together the clues of Ned's final days in hopes of discovering who framed him! However as Betty and the wall-crawler get closer to the truth, they also get closer to an encounter with the Hobgoblin! The fateful and final showdown happens next issue!