Day in Tech History

December 27: Yahoo Acquires HotJobs

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Day in Tech History

Jeffrey Powers

Madison, WI

Description: For the Tech History Geek in all of us

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December 27: Yahoo Acquires HotJobs

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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.

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