Dechert Advised Monster in US$429 Million Sale to Randstad

Dechert LLP advised Monster Worldwide, Inc. in their sale to Randstad Holding nv. According to the terms of the deal, Randstad paid a total purchase price of approximately US$429 Million, or US$3.40 per share in cash. As a result of the acquisition, Monster's common stock ceased trading prior to market open on November 1, 2016, and is no longer listed on the New York Stock Exchange.

The Dechert team advising Monster was led by corporate partners Martin Nussbaum and Derek Winokur with assistance from corporate associates Matthew Virag and Shannon Cleary. Additional assistance provided by:

• Partner Michael Weiner and counsel Jill Ross on antitrust/competition aspects;
• Partner Stephen Skonieczny and associate Marc Nawyn on labor and employment aspects
• Partner Thomas Rayski and special counsel Violetta Kokolus on intellectual property aspects; and
• Partner Steven Clemens on tax aspects.
  
  Read the full press release, “Randstad Completes Acquisition of Monster Worldwide to Accelerate its Digital Human Resources Strategy.”

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