Monster Plans To Sell All Of The Assets?
Monster shares since the beginning of this year rose by about 17%. Yiannuzi in earlier this month to the investor conference, said the Cheap Beats By Dre is considering "strategic options" after the stock a rally. He said that these remarks on March 1, the company has aroused considerable interest, but has not yet begun formal negotiations.Dr Dre Beats month hired Stone Key Partners and Bank of America Merrill Lynch acted as financial advisor to help evaluate strategic options. Analysts believe that there are several possible ways: direct sale, the sale of part of the shares or parts of assets, such as China or South Korea, and leveraged buyouts.
This means that the possible sale of the company, or partnership in a particular area, cost-sharing, but also can be a company acquired the shares of a considerable part of the strategic investment of these may be locally in foreign markets or in New York carried out. Since Yiannuzi said it is considering strategic options, the analyst warned that the company does not have ready buyers. Thursday afternoon trading, Beats Headphones shares of $ 9.45 / share, up 1.6 percent, its highest point since October last year. In accordance with this price, the market capitalization of about $ 1.1 billion.
As long as the price is right, anything can sell. He said, the company has received great interest from potential buyers, but not yet started negotiations, because the company is also preparing for potential buyers assessment of bids on the required data. He said: "We will soon be submitting the data."
Beats By Dr Dre, headquartered in New York, its recruitment advertising business model is facing competition from social media, Facebook and LinkedIn. In January this year, the company said it would cut 400 staff, 7% of the total.
UBS this month, Monster stock rating cut to "neutral" and cut profit expectations this year and next year on the grounds that its market share decline and the downturn in the job market. UBS estimates of Beats Earbuds in the online recruitment market share of 23%, less than 32% of CareerBuilder, but higher than 16% of LinkedIn.BlueSon think, CareerBuilder does have the resources of the acquired company. In this regard, CareerBuilder did not immediately respond to the requirements of a call seeking comment.
This means that the possible sale of the company, or partnership in a particular area, cost-sharing, but also can be a company acquired the shares of a considerable part of the strategic investment of these may be locally in foreign markets or in New York carried out. Since Yiannuzi said it is considering strategic options, the analyst warned that the company does not have ready buyers. Thursday afternoon trading, Beats Headphones shares of $ 9.45 / share, up 1.6 percent, its highest point since October last year. In accordance with this price, the market capitalization of about $ 1.1 billion.
As long as the price is right, anything can sell. He said, the company has received great interest from potential buyers, but not yet started negotiations, because the company is also preparing for potential buyers assessment of bids on the required data. He said: "We will soon be submitting the data."
Beats By Dr Dre, headquartered in New York, its recruitment advertising business model is facing competition from social media, Facebook and LinkedIn. In January this year, the company said it would cut 400 staff, 7% of the total.
UBS this month, Monster stock rating cut to "neutral" and cut profit expectations this year and next year on the grounds that its market share decline and the downturn in the job market. UBS estimates of Beats Earbuds in the online recruitment market share of 23%, less than 32% of CareerBuilder, but higher than 16% of LinkedIn.BlueSon think, CareerBuilder does have the resources of the acquired company. In this regard, CareerBuilder did not immediately respond to the requirements of a call seeking comment.