Online job recruiting site Monster Wednesday said it sold its TMP Directional Marketing unit to private equity firm Audax Group. The acquisition includes: TMP Yellow Pages, Moving.com, TMP Worldwide
Japan and TMP Medical Listings. The units will operate as a private, wholly-owned, stand-alone entity. Stuart McKelvey, Chief Executive Officer of TMP, will continue to lead the new organization with
the support of the existing executive team. -- J.M.
