Few Days back there are big rumors in the market that LinkedIn official having to plan to buy monster . But now its clear after some confirmation form the
official, Monster acquisition still not in our plans. LinkedIn having no such vision to buy any other job portal like monster and we never consider to buy its share from the market.
The news was highlighted when few months back Monster's Bank of America bankers called LinkedIn and asked if LinkedIn execs would do a "courtesy call." They urged that "Hey can you give us a call so we can talk about this possible opportunity?" and LinkedIn execs said, "OK, we'll listen."
Some media sources like Reuters reported recorded trading in Monster share prices on Friday, the reason behind of this outselling is that LinkedIn and Silver Lake Partners showing their interest to buy this world famous job portal. on the other hand some other news sources said that higher trading doesn't mean that this news effect the investors , investors like to buy monster shares as usually, but sudden jumps into prices attract a number of investors.
In the March Monster told to media persons that they are considers Stone Key Partners and Bank of America Merrill Lynch as a key makers for futures, even when they go to market to sell this. Well the Monster running two big job portal Monster.com and HotJobs.com which providing its services worldwide. Statical data worldwide shows Monster.com share 23% online recruitment market which is less than the CareerBuilder share of 32% and bigger than LinkedIn of 16% . NASDAQ recorded 20.8% jump into the Monster share prices which is upto $1.63 per share price and now its share had reached to $9.37 on the other hand LinkedIn share prices down upto 2.4 % or $2.70 and and now its price $108.30.
While a year back business oriented social networking website LinkedIn had raised $352 million by offering its public issue in the market. After words its express their views to buy some online job listing provider named Monster Worldwide Inc. , but right now the official refrain themselves for such idea . On the other hand private-equity firm Silver Lake Partners showing their much interest to buy Monster according to Reuters.
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