LinkedIn, Others Consider Deal For Monster Worldwide -Reuters

Date : 05/11/2012 @ 2:07PM
Source : Dow Jones News
Stock : Bank of America Corp. (BAC)
Quote : 23.8  -0.14 (-0.58%) @ 7:37PM

LinkedIn, Others Consider Deal For Monster Worldwide -Reuters

Linkedin Corp. Class A (NYSE:LNKD)
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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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