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news corp, murdoch bidding $4.8 billion for monster?

Wed, Jan 9, 2008

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A rumor is circulating that News Corp head Rupert Murdoch has sent a letter to Monster Worldwide (MNST), offering $4.8 billion for the company. One to watch as the timing may be just right.

UPDATE: How to Spot a Rumor Without Legs

UPDATE II: News Corp Denies Rumor





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This post was written by:

Joel Cheesman - who has written 1226 posts on Cheezhead.

One of the most widely-read bloggers on emerging recruitment issues in the world. Accomplishments include being named Recruiting.com’s Best Technology Recruitment Blog and Best Recruiting Blog. Joel's been featured in Fast Company magazine, BusinessWeek Magazine, Resumes for Dummies, U.S. News & World Report, The Wall Street Journal and more. Plug into Joel via Twitter, MySpace, Facebook, iTunes, YouTube or Flickr.

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2 Comments For This Post

  1. annonymous Says:

    My sources tell me that this is just spin put out by some to pop the stock price. The future is with job aggregators and speciality niche markets - not the Big 3

  2. Shane Says:

    No idea if this is true or not, so I’m not saying “annoymous” is wrong, but you could launch more niche job sites than you could handle with the weight that the Big 3 bring. I’m not sure any of them would do that, but it wouldn’t take long to be successful in niche if that’s the way the market moved. (Whether they’d be nimble enough or have the foresight to move that way would be a completely different story. It’s not like they’re all well-oiled machines running on all cylinders.)

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