Axel Springer Denies Interest in Monster Worldwide
The Rumor: German publisher Axel Springer has denied interest in acquiring Monster Worldwide (NYSE: MWW [FREE Stock Trend Analysis]), according to Deal Reporter. The company was rumored last week to be a potential bidder for Monster, according to a report from FT Alphaville.
Monster Worldwide has been reported to be in the closing stages of taking bids from potential buyers.
Monster Worldwide closed at $8.00 Thursday, a loss of 2.20% on average volume.
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