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Monster.com Pays $61M to Get into Social Networking

January 4th, 2008 at 4:30 pm

Source:GigaOM
Career site Monster Worldwide has bought social networking startup Affinity Labs for $61 million in cash, the two companies said today. A jobs site getting into business networking makes a little more sense than, for example, Cisco buying Tribe.net and Five Across, but the purchase price seems rather high. Affinity was just getting off the […]

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