December 27, 2001: Yahoo Acquires HotJobs

Yahoo acquires Hot Jobs

Yahoo acquires Hot Jobs

2001 - Yahoo announces that they will acquire 98.6 percent of the outstanding stock to HotJobs. They bought it for $10.50 / share for $436 million. They overbid Monster.com for the site. Ironically, Yahoo! ended up selling HotJobs to Monster on Feb 3, 2010 for $225 million.

Play

Jeffrey Powers @geekazine

I love tech history. I enjoy how we evolved from computers that fill a room to computers we wear on our bodies. I have put a full archive of tech history together at Wikazine. You can also talk history at Google +. I am also a podcaster and V-caster at Geekazine and a Podcast Coach at How to Record Podcasts. You can also sign up for a Helpout

You may also like...