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Filing: Monster/HotJobs Talks Began In Late '08

New deal details continue to emerge a day after Monster announced plans to buy HotJobs from Yahoo. According to an SEC filing, Yahoo has agreed, subject to certain exceptions, that it will not compete with Monster for three years following the closing in "online recruitment services and employment solutions." Both have agreed not to solicit certain employees of the other for two years following the closing."

Also of note, the first talks between Monster and HotJobs apparently began all the way back in October 2008. Points out paidContent: "That means the asset sale process started way before Carol Bartz joined as CEO."

Read the whole story at PaidContent »

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