Yahoo Sells HotJobs to Monster

Posted on 04. Feb, 2010 by admin in U.S.

Yahoo (YHOO) announced after the bell last night that it plans to sell its online jobs site HotJobs to Monster Worldwide (MWW) for $225 million, in an all-cash deal. The sale is part of CEO Carol Bartzs strategy to focus on Yahoos core news, entertainment and communication features, and spinoff struggling businesses.

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