Monster Just Dropped $225 Million For Yahoo’s HotJobs

Via TheNextWeb.com …

The online job marketplace Monster has just acquired HotJobs away from Yahoo for a stunning $225 million in cash. Part of this deal is a three-year “commercial traffic agreement,” which will begin on the closing of the deal.

This seems to mean that Yahoo will shunt jobs related traffic to Monster for three years, as its “provider of career and job content on the Yahoo! homepage in the United States and Canada.”

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