July 22 Internet giant Yahoo Inc (YHOO.O) is
looking to sell HotJobs and Yahoo Small Business as part of its
drive to shed its non-core assets, peHUB, owned by
ThomsonReuters, said, citing sources familiar to the matter.
"They have been approached by [major buyout firms] but they
are proactively looking to sell to a strategic investor like a
Careerbuilder or Monster.com," peHUB quoted a source as saying.
Yahoo's HotJobs competes with the websites like
CareerBuilder.com and Monster Worldwide Inc MWW.N in the
The company has been scouting for potential buyers for
about two or three months now, the source told peHUB.
Yahoo, which has the second-largest Internet search engine
in the United States behind Google Inc (GOOG.O), this week
announced plans to revamp its homepage to make itself more
relevant to Web surfers and create new ways to sell advertising
None of the companies could be reached immediately by
Reuters for comments.
(Reporting by Nivedita Bhattacharjee in Bangalore; Editing by