Mergers & Acquisitions

Don’t Forget That the People You’re Competing Against Just May Be Your Next Hires

According to Moody’s, 71 percent of corporate respondents and 86 percent of private equity investors anticipate an increase in M&A transactions in 2017. While 2016 produced 17 percent year-over-year drop in global deal values, this year is expected to bring a bounce-back in activity, with a strong focus on technology. As new conglomerates…

Latest ADP Buy Is Bet That Analytics Trend Will Accelerate

The big vendor news this week was the acquisition of The Marcus Buckingham Company (TMBC) by ADP. It’s not so much the size of the deal — TMBC is a boutique performance management consulting and services firm; no price was announced. Instead, the significance of the deal is two-fold: It continues ADP’s march…

Latest ADP Buy Is Bet That Analytics Trend Will Accelerate

The big vendor news this week was the acquisition of The Marcus Buckingham Company by ADP. It’s not so much the size of the deal — TMBC is a boutique performance management consulting and services firm; no price was announced. Instead, the significance of the deal is two-fold: It continues ADP’s march to become…

Monster’s Shareholders Complete Sale to Randstad

Despite intense opposition to the sale, Monster’s shareholders turned over more than 52 percent of the company’s stock by the Friday deadline, enabling Randstad to complete the purchase of the career services company. The Dutch staffing and HR services company announced overnight that its subsidiary — Merlin Global Acquisition — acquired enough of…

Monster’s Sale to Randstad Is a Done Deal

Despite intense opposition to the sale, Monster’s shareholders turned over more than 52% of the company’s stock by the Friday deadline, enabling Randstad to complete the purchase of the career services company. The Dutch staffing and HR services company announced overnight that its subsidiary — Merlin Global Acquisition — acquired enough of Monster’s…

Lawsuits Claim Monster Officials Had Conflict of Interest

Two shareholder lawsuits have been filed against Monster, charging the deal to sell the company to the Dutch staffing giant Randstad “is the result of an unfair process and provides the Company’s stockholders with inadequate consideration,” in the words of one of the lawsuits. Both suits, which seek class action status, make essentially…

Two Lawsuits Seek to Halt “Unfair” Monster Sale

Two shareholder lawsuits have been filed against Monster, charging the deal to sell the company to the Dutch staffing giant Randstad “is the result of an unfair process and provides the Company’s stockholders with inadequate consideration,” in the words of one of the lawsuits. Both suits, which seek class action status, make essentially…

Monster Officials Accused of Rushing Sale to Cover Dismal Financial Report

Monster’s largest shareholder has called on other stockholders not to support the company’s sale to Randstad and said it is seeking to replace Monster’s board of directors. In a letter to Monster shareholders, Media News Group charges that “the proposed sale to Randstad at a fire sale price resulted from a rushed and…

Monster Shareholder Charges Company Spurned Other Buyers

Monster’s largest shareholder has called on other stockholders not to support the company’s sale to Randstad and said it is seeking to replace Monster’s board of directors. In a letter to Monster shareholders, Media News Group charges that “the proposed sale to Randstad at a fire sale price resulted from a rushed and…

CareerBuilder Put in Play By Its Broadcast Owner

When Monster announced a few weeks ago that it was being bought by Randstad, the only surprises were the buyer and the price, $429 million. But this morning’s announcement that CareerBuilder is in play was a surprise. “It’s stunning,” said Peter Zollman, founding principal of AIM Group, a global consulting group to the…

What Selling CareerBuilder Means to the Job Board Industry

When Monster announced a few weeks ago that it was being bought by Randstad, the only surprises were the buyer and the price, $429 million. But this morning’s announcement that CareerBuilder is in play was a surprise. “It’s stunning,” said Peter Zollman, founding principal of AIM Group, a global consulting group to the…

Monster to Shareholders: Sale Opponent is Reckless, Inaccurate

When Monster’s largest shareholder last week tore into the planned sale of the company calling the price “selling at the bottom,” the response was an official “no comment.” Today, Monster fired back. In an open letter to shareholders, Tim Yates, Monster’s CEO and CFO and a company director, called last week’s detailed challenge…

Monster Calls Opposition to Company Sale “Reckless”

When Monster’s largest shareholder last week tore into the planned sale of the company calling the price “selling at the bottom,” the response was an official “no comment.” Today, Monster fired back. In an open letter to shareholders, Tim Yates, Monster’s CEO and CFO and a company director, called last week’s detailed challenge…

Monster Sale Challenged By Newspaper Owner

One of the nation’s largest newspaper companies and reportedly Monster’s  largest shareholder said it is opposed to the $429 million sale of the recruiting services firm to Randstad, which was announced two weeks ago, and urged other stockholders to do the same. “As Monster’s largest shareholder based on publicly available information, MNG believes…