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June 28, 2005

Monster a Tempting Target; CEO Not Selling

Filed under: Uncategorized - Robert Merrill @ 5:09 pm

In the online job-hunting space, nobody rivals the Monster Board. Period. But there is speculation that other services like Career Builder, HotJobs and even eBay are wanting to purchase the company. In light of that, Monster CEO Andrew McKelvey says they’re not selling.

“We intend to keep our independence,” McKelvey said recently to Barron’s…

“McKelvey said he sees considerable growth potential because Web sites account for just 20 percent of the $6 billion U.S. help-wanted advertising market.”


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