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Monster Announces HotJobs Acquisition

February 3, 2010, 3:56 pm
Yesterday and this morning, reports indicated that Yahoo wasn't having much luck selling its small business unit and HotJobs. HotJobs has, however, found a new home. This afternoon, Monster announced that it's agreed to acquire the property for $225 million, and Monster's reached a traffic agreement with Yahoo, too. The agreement will see Monster provide career- and job-related content on Yahoo's homepages in the U.S. and Canada for three years.

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