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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January 9th, 2008 at 2:06 pm
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
January 9th, 2008 at 2:43 pm
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.)