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Wednesday, 03 February 2010

Monster Buys HotJobs

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John Zappe at ERE reported that Monster is buying HotJobs. The news of the $225 million acquisition from Yahoo! was announced Wednesday in New York.


The deal includes a three-year agreement in which Monster will power the career channel on Yahoo’s homepage in the U.S. and Canada. Yahoo will continue to manage the 600+ newspaper advertising and content consortium it has put together over the last several years. Monster, however, will get the recruitment advertising, giving it a print and online network of more than 1,000 daily and weekly newspapers across North America.

Read John's article here.



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