The Tribune bankruptcy might cause a major shake up in the Internet Recruiting market.

Tribune Co. is a 40% owner of CareerBuilder.
Chapter 11 bankruptcy, means the creditors, owners, and a judge have to sort out the debts, and where the money is going to come from.

One possibility is a sale of Tribune's share in CareerBuilder.
Who would buy? Good question. Microsoft could be a buyer. They already own 4% of Careerbuilder. They also have cash, which is what Tribune needs.

I think this has major implications from the next 36 months in the recruiting space.
If CareerBuilder stalls out, who will take the market share?
Indeed and SimplyHired are other PPC vendors, like TopUSAJobs, JuJu.com, and GOJobs.com are likely winners.
Will Monster win any marketshare back?

What would happen if Tribune doesn't sell, but instead starts choking CareerBuilder for its cash?

I wrote a post on my blog.
I'd love to read your feedback and comments: CareerBuilder for sale?