Monster Buys Industry-Specific Job Sites

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By: Online job listings company Monster Worldwide Inc. said Friday it acquired for $61 million in cash Affinity Labs Inc., a firm that operates seven industry-specific networking and job sites.

Affinity's Web properties include PoliceLink.com, FireLink.com and NursingLink.com. The company is run by Christopher Michel, who founded Military.com, a networking site that Monster bought in 2004.

The sites offer career guides, job listings, trade news and social networking services.

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