LinkedIn, others weigh Monster deal-sources
NEW YORK May 11 (Reuters) - 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.
Monster, which runs Monster.com and HotJobs.com Websites, said in March it had retained Stone Key Partners and Bank of America Corp's Merrill Lynch to review strategic alternatives, including selling all or part of the company.
New York-based Monster has since received expressions of interest from a broad range of strategic and financial buyers, including Internet powerhouse LinkedIn and technology-focused buyout firm Silver Lake, the sources said.
The company, which has roughly $950 million market capitalization, plans to send out financial information to the interested parties by the end of next week, they said.
Representatives for Monster and LinkedIn declined to comment. Silver Lake, Stone Key Partners and Bank of America had no immediate comment.
- Alabama man gets $1,000 in police settlement, his lawyers get $459,000
- Two killed, four wounded in Washington state school shooting
- Two U.S. states to quarantine health workers returning from Ebola zones |
- NYC police say hatchet attack by Islam convert was terrorism |
- 'We won't pay,' furious Cameron tells EU over surprise bill |