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Monster Worldwide gets eaten up by Randstad

Aug. 09, 2016 2:33 AM ETRandstad N.V. (RANJY) StockMWW, RANJF, RANJYBy: Yoel Minkoff, SA News Editor10 Comments
  • Dutch human resources provider Randstad Holding (OTCPK:RANJY) has agreed to buy Monster Worldwide (NYSE:MWW) for about $429M and intends to finance the acquisition through existing credit facilities.
  • The $3.40 per share in cash offer, representing a 22.7% premium to Monster's closing stock price on Monday, will see Monster continue operating as a separate and independent entity under its current name.

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