DHI suspends sale search, to sell off some job boards

05 May 2017

DHI Group is planning to divest a number of its professional communities. The company, which operates the recruitment classified site Dice, announced in November that it was engaging “an investment bank to explore strategic alternatives.” In other words: the company was up for sale following disappointing Q3 FY2016 earnings. The company, however, decided “to terminate the review of strategic alternatives in April” (most likely meaning:…

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Brian Blum

Brian Blum covers the U.S., Canada and Israel for Classified Intelligence Report, and contributes to our special reports and research projects. Originally from San Francisco and now based in Jerusalem, he has been with the AIM Group since 2004. He is the president of Blum Interactive Media, specializing in writing and multimedia content development for online, print, video and audio. His clients include newspapers, universities and non-profits. He is currently working on a book about the billion-dollar bankruptcy of a once high-flying Israeli startup.