Forget LinkedIn. Here’s Who’s Buying Monster
Wall Street was buzzing last week on rumors that LinkedIn (LNKD) was in talks to acquire Monster (MWW). According to a Reuters story,
LinkedIn Corp and private equity firm Silver Lake Partners are among a number of parties that have expressed interest in a potential deal for Monster Worldwide Inc, according to people familiar with the matter, as the Internet jobs-search company is preparing data for potential buyers.
The stock shot up on the hype. However, Business Insider and a few others quickly squashed the report as bunk, accusing Monster of desperately trying to stir-up interest.
The thought of a high-growth business like LinkedIn strapping on an albatross like Monster is a bit ridiculous if you think about it for a second. So who, one like me must ask, would buy Monster?
2 weeks ago
