Monster.com bought for $429 million

Finding a job — on an old-school site, anyway — is now worth $429 million. 

In a deal announced Tuesday the Dutch human resources company Randstad will acquire Monster.com, the job search site for that price. 

Founded in 1999, Monster is one of the oldest and largest online job search resources. But the site is long past its dot-com heyday when it was worth as much as $91 a share, compared to the $3.40 of Randstad's offer. 

The deal comes two months after Microsoft bought LinkedIn for $26.2 billion in another move to merge a professional services site with a larger company. LinkedIn debuted in 2002, shortly after Monster's peak.  Read more...

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