Wednesday, October 04, 2006

News Corp bought another jobs site

News Corp. bought U.K. jobs Web site...

News Corp. on Monday said it has agreed to buy a U.K. jobs recruitment site for an undisclosed sum to reach a younger audience.

Financial terms of the deal was not disclosed. One source familiar with the deal said News International, the U.K. unit of the company, paid about 20 million pounds ($37.74 million) for the site, Milkround Online.


Launched in 1997, the London-based site targets new students and graduates with job advertisements.

Earlier News Corp has also bought a stake in the SimplyHired, Inc.

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