Monster Completes Acquisition of ChinaHR
Business Wire, 10/07/08
Online recruiting firm Monster has announced that it has completed its acquisition of Chinese online recruiting website ChinaHR. Monster paid USD 174 mln in cash for the remaining 55% in the company.
Editor's Note: In 2005, Monster purchased a stake in ChinaHR and undertook to purchase the company if ChinaHR did not achieve a market listing within 3 years. See "Monster to Swallow ChinaHR Whole", MD 2/04/08 issue for more information.
Keywords: M&A ChinaHR Internet Monster investment online recruitment
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