Deals
Monster Worldwide Seeks Sale of ChinaHR in Restructuring
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Monster Worldwide Inc., the Internet-recruiting service exploring a sale, rose the most in a month after saying it will seek a buyer for its ChinaHR unit and restructure to shed less lucrative businesses.
The company is evaluating “all options” for developing markets and curtailing losses in those regions, New York-based Monster said in a statement today. The shares gained 10 percent to $6.29 at the close in New York, the biggest daily increase since Oct. 8. The stock has declined 21 percent this year.