LinkedIn, Others Consider Deal For Monster Worldwide -Reuters
May 11 2012 - 02:07PM
Dow Jones News
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
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