Breaking News: Monster and CareerBuilder combine forces
Description
What do failed retailers K-Mart and Sears have in common with Monster and CareerBuilder? In both cases, you've got organizations that were large, vibrant, and dominant but gradually faded until their owners decided that combining them was somehow a great strategy.
Today, global staffing company, Randstad, announced that it was ceding majority ownership of its Monster property through some kind of vague "combination" of the two job board organizations. Is this an acquisition? Apparently, no. Is this a merger? Apparently, no. Is this a joint venture? Apparently, no.
Interesting, the same announcement was not made by Apollo Group's CareerBuilder, which cohosts Peter M. Zollman of AIM Group and Steven Rothberg of College Recruiter have some fun with.
Tune in to learn what we know, and also to hear which one of us is stunning and which one is unsurprising.
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