CareerSite Sold To MediaNews, Hearst and Lee Triumverate, Following Yahoo-Newspapers Deal

As we had hinted before, the last piece of the puzzle in the Yahoo-newspapers deal: PowerOne Media, operator of CareerSite (also branded as NowHiring), has sold it to MediaNews Group, Hearst Corp. and Lee Enterprises, reports Classified Intelligence Report in an e-mail alert. The three CareerSite buyers are also equity owners of PowerOne, along with several other publishing companies and two investment firms. PowerOne was formed in late 2001 through the merger of AdOner and PowerAdz.com.

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