Monday, January 9, 2012

Could LinkedIn Look to Pick up Monster on the Cheap?

By TREFIS


Despite the U.S. unemployment index actually slipping by 0.4% in November, Monster’s (NYSE:MWW) stock has stayed at August 2011 levels of around $7.50-$8.00, representing roughly a $1 billion market cap. This erosion of roughly $2 billion in market cap over 2011 is brewing interest in the company’s potential buyout again, considering that the stock is cheap as of now. One of the potential contenders could be arch rivals LinkedIn(NYSE:LNKD), who could be seeing some synergies with Monster.


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