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Monster Worldwide Picks Advisers For Strategic Review

DOW JONES NEWSWIRES Monster Worldwide Inc. (MWW) on Monday confirmed it has retained financial advisers to review its strategic alternatives, raising the possibility of a potential sale of the company. Shares jumped 8.6% to $8.17 after hours as the job-search website said it hired Stone Key Partners LLC and Bank of America Corp.'s (BAC) Merrill Lynch to advise its review. The move came after Chief Executive Sal Iannuzzi on Thursday raised the possibility of such a move at an analyst conference in Boston, mentioning the company's pursuit of "strategic alternatives to increasing shareholder value." Monster Worldwide suffered a slowdown in new business last year, which it has blamed on U.S. and European economic uncertainty disrupting businesses' ability to make hiring plans. In January, the company provided a disappointing first-quarter outlook and said it planned to cut 7% of its full-time staff and consolidate facilities. Analysts have questioned the company's success in competing with Gannett Co.'s (GCI) CareerBuilder and whether newer services such as LinkedIn Corp.'s (LNKD) professional-networking site are making Monster's business less relevant. -By Drew FitzGerald, Dow Jones Newswires; 212-416-2909;

Stock News for Monster Worldwide (MWW)
04/28/201616:52:08Additional Proxy Soliciting Materials (definitive) (defa14a)
04/28/201616:16:01Proxy Statement (definitive) (def 14a)
04/20/201616:15:00Monster Worldwide Schedules Conference Call and Webcast to Discuss...
04/05/201616:11:35Statement of Changes in Beneficial Ownership (4)
03/30/201616:45:21Statement of Changes in Beneficial Ownership (4)
03/22/201616:14:17Current Report Filing (8-k)
03/21/201616:03:27Current Report Filing (8-k)
03/10/201610:33:18Amended Statement of Ownership (sc 13g/a)
03/08/201609:00:00In Celebration of Women's History Month, Fastweb Aims to Help...
03/02/201616:10:27Statement of Changes in Beneficial Ownership (4)
03/02/201616:06:57Statement of Changes in Beneficial Ownership (4)
02/25/201614:00:00Monster and The Local Media Consortium Renew Alliance for Recruitment...
02/24/201612:43:00SIA Names Best Staffing Firm Grand Prize Winners at 25th Annual...
02/22/201616:02:54Current Report Filing (8-k)
02/18/201608:23:52Statement of Changes in Beneficial Ownership (4)
02/16/201616:25:06Amended Statement of Ownership (sc 13g/a)
02/16/201610:19:51Statement of Ownership (sc 13g)
02/16/201608:24:53Statement of Changes in Beneficial Ownership (4)
02/12/201609:25:24Statement of Ownership (sc 13g)
02/11/201613:58:52Schedule 13g<br /> (sc 13g/a)

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