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Monster.com Expanding, But Stock Is on Vacation

Posted in Live (January 6, 2008 at 7:19 pm)

With its core recruiting business feeling the impact of a slowing economy, Monster Worldwide Inc. (MNST) is looking to branch out into areas beyond job listings. The company on Friday said it would spend $61 million to acquire Affinity Labs Inc.,
which operates a number of professional and vocational communities for
people in dedicated occupations. Among its Web sites are
NursingLink.com, FireLink.com, PoliceLink.com and ArtBistro.com. The
sites include news, videos, jobs and discussion forums for the specific
professions. 

…more

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