Monster Worldwide, owner of job-hunting site Monster.com, announced Monday that it had acquired French career site Emailjob.com from trade show organizer Reed Expositions France and company founder
Didier Ryckelnyck. Monster's French invasion came with a price tag of $26 million, with $23 million being paid at the closing of the deal, and $3 million paid over the next year.
Emailjob.com
was acquired to strengthen the career site leader's position in a key European market, and provides Monster France with access to the local market, Monster said.
--Shankar Gupta