Yahoo! ready to sell Hot Jobs
April 16, 2009Three months into her stint at the head of Yahoo!, Carol Bartz is hastening her drive to streamline operations by disposing of ancillary businesses. The Silicon Valley company is seeking buyers for the HotJobs employment site, people familiar with the company’s plans said on Wednesday, adding that other acquisitions could follow HotJobs out of the door. Yahoo! struck a deal to buy the site in 2001 for $436m in cash and stock.
Source
http://www.ft.com/cms/s/0/e21df062-2a16-11de-9d01-00144feabdc0.html
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