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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Monster Worldwide, Inc. | NYSE:MWW | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.41 | 0 | 01:00:00 |
Monster Worldwide Inc.'s (MWW) $225 million deal to buy Yahoo Inc.'s (YHOO) HotJobs online jobs site is getting a closer look by U.S. antitrust regulators, the company said Friday.
Monster said in a statement it has received a "second request" for information from the U.S. Federal Trade Commission, which is looking into its proposed acquisition of HotJobs.
Yahoo in February announced it had agreed to sell HotJobs as part of the Internet giant's effort to shed non-core businesses and streamline operations. The two companies also struck a three-year agreement under which Monster will provide career and job content for the Internet giant's homepage in the U.S. and Canada.
"Monster intends to respond expeditiously to this request and continue to work cooperatively with the FTC in connection with this review," the company said, adding that it continues to expect the transaction to close in the third quarter of 2010.
-By Scott Morrison; Dow Jones Newswires; 415-765-6118; scott.morrison@dowjones.com
1 Year Monster Worldwide, Inc. Chart |
1 Month Monster Worldwide, Inc. Chart |
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