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Monster buys remainder of ChinaHR.com

October 08 2008

Monster Worldwide Inc. (NASD: MNST) acquired a further 55% stake it didn't own in ChinaHR.com, an online job board serving China. Monster paid $174 million for the stake.

Monster first acquired a 40% share of ChinaHR.com in early 2005.

Edward Lo, executive VP of Monster Greater China, will take over as interim CEO of ChinaHR.com.

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