Randstad North America Inc.’s wholly owned subsidiary, Merlin Global Acquisition Inc., extended its tender offer to acquire Monster Worldwide Inc. (NYSE: MWW) from 3 October to 28 October The extension was made to coordinate the offer’s timing with the EU regulatory review schedule; all other terms and conditions of the offer remain unchanged.

Global staffing provider Randstad Holding nv in August agreed to acquire Monster in a tender offer of USD 3.40 per share in cash, or an enterprise value of approximately USD 429 million.

The European Commission now expects to conclude its review by 26 October, and if there are no objections to the review, all regulatory clearances are expected to have been obtained by that date. However, MediaNews Group Inc., the largest shareholder in Monster, has previously voiced opposition to the sale, stating the deal undervalues the company.