News Corp: No Monster Bid (NWS, MNST)

News Corp. pr official Teri Everett puts a stake in the “Monster To News Corp. For $4.8 Billion” story floating around cyberspace for the past few days. “Nothing to it. Simply a rumour,” she tell us via email.

So what does the Street think? Who knows? The stock was up 5+ per cent before the market opened based on a report from NYT’s Dealbok, then plummeted. Now it’s gyrating again.

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