Monster.com has acquired FastWeb, the nationís largest and leading scholarship website. The acquisition further positions Monster.com as a central resource for career and education information to help guide high school students through college before they embark on the next chapter in their lives and careers. The terms and conditions of the acquisition were not disclosed.
ìThe acquisition of FastWeb is an integral piece of Monster.comís vision of becoming the comprehensive college and career information site for students. With approximately 50% of college-bound students applying for an average of $2,500 in student loans, scholarship opportunities are in the minds of students and families, and in many cases, a critical factor in college and career decisions,î said Jeff Taylor, CEO of Monster.com. ìWith FastWeb, Monster.com can now offer hundreds of thousands of scholarship opportunities to assist students and their families with finding the right college that will lead to a propitious life and career.î
www.monster.com
Monster.com acquires FastWeb - 08/2001
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