December 27, 2001: HotJobs Acquired by Yahoo

Yahoo acquires Hot Jobs
Yahoo acquires Hot Jobs

2001 – Yahoo announces that they will acquire 98.6 percent of the outstanding stock to HotJobs. They bought it for $10.50 / share for $436 million. They overbid Monster.com for the site. Ironically, Yahoo! ended up selling HotJobs to Monster on Feb 3, 2010 for $225 million.

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