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Friday, 09/14/2012 2:54:10 PM

Friday, September 14, 2012 2:54:10 PM

Post# of 40
FT Alphaville's take on the takeover rumors is worth checking out:
http://ftalphaville.ft.com/blog/2012/09/14/1161871/pinning-the-tale-on-a-monster/

This is the latest update, but the rest of the article is worth reading too.

Update (4:18pm BST): a second, slightly more nuanced rumour reaches us and lives within the confines of the RAW disclaimer above. This story goes that Springer had first bid $11.75 per share at Tuesday’s deadline and was told by Monster to come back with something better. Whether it has or not is unclear. A private equity fund and another trade buyer were said to remain at the table, with the former’s offer of about $10 considered as a backstop. We await developments ….

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