LinkedIn Corp. (LNKD) and other firms have expressed interest in a possible deal to acquire Internet jobs-search company Monster Worldwide Inc. (MWW), Reuters reported Friday, citing people familiar with the matter.

Private equity firm Silver Lake Partners is also among the interested firms, Reuters reported. Monster, which retained Bank of America Merrill Lynch and Stone Key Partners in March to review strategic alternatives, plans to send out financial data to interested parties by the end of next week, according to Reuters.

Monster shares surged on the report, triggering two single-stock circuit breakers on its way up. It is up 17% at $9.18 in recent trading.

Full story at http://www.reuters.com/article/2012/05/11/monster-buyers-idUSL1E8GBWBS20120511

-Dow Jones Newswires; 212-416-2900

 
 
Monster Worldwide, Inc. (NYSE:MWW)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Monster Worldwide, Inc. Charts.
Monster Worldwide, Inc. (NYSE:MWW)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Monster Worldwide, Inc. Charts.