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CBS buys CNet for $1.75B to expand its audience

usatoday.com
May 15, 2008
        
Story Timeline:  151 days

NEW YORK (AP) -- CBS (CBS) agreed to buy online technology news and entertainment company CNet Networks (CNET) for about $1.75 billion, expanding its access to the burgeoning Internet advertising market. The price of $11.50 per share for CNet represents a premium of 45% over CNet's closing stock... [read full story]                    

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CBS snaps up CNet Networks for $1.8 billion

 heraldnet.com May 16, 2008
First article on this story:

CBS acquiring CNet Networks

 techwhack.com May 15, 2008
Selected publications with coverage of this story:
independent.co.uk sun-sentinel.com usatoday.com courier-journal.com techwhack.com orlandosentinel.com newsvine.com heraldnet.com brandonsun.com canoe.ca baltimoresun.com courierpostonline.com
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CBS snaps up CNet Networks for $1.8 billion

heraldnet.com
May 16, 2008
        

CBS Corp. is acquiring a big online reach with its acquisition of CNet Networks Inc. but also a company that's faced heavy criticism from investors. Those concerns as well as the hefty $1.8 billion price tag helped send CBS's shares down after the deal was announced Thursday. But its stock, which...

CBS acquires CNet in $1.8 billion deal

nwsource.com
May 16, 2008
        

By SETH SUTEL The Associated Press NEW YORK — CBS is acquiring a big online reach with its acquisition of CNet Networks but also a company that's faced heavy criticism from investors. Those concerns as well as the hefty $1.8 billion price tag helped send CBS's shares down after the deal was...

CBS to pay $1.8 billion for CNet Networks

courierpostonline.com
May 16, 2008
        

CBS Corp. is acquiring a big online reach with its acquisition of CNet Networks Inc. but also a company that's faced heavy criticism from investors. Those concerns as well as the hefty $1.8 billion price tag helped send CBS's shares down after the deal was announced Thursday.

CBS Turns Its Eye to the Web, Landing Network of Tech Sites

newsvine.com
May 16, 2008
        

CBS will buy CNet Networks, one of the Internet's most-viewed family of tech-oriented sites, for $1.8 billion in cash, the two companies said yesterday, substantially expanding the online footprint of the Eye network and creating another May-December media marriage.

CBS snags CNet in $1.8 billion acquisition

orlandosentinel.com
May 16, 2008
        

The media giant hopes to expand its online audience with the information site. CBS Corp. is acquiring a big online reach with its acquisition of CNet Networks Inc. but also a company that's faced heavy criticism from investors. Those concerns as well as the hefty $1.8 billion price tag helped...

CBS makes bet on CNet Networks

sun-sentinel.com
May 16, 2008
        

Information site has been in two-year slump CBS Corp. is acquiring a big online reach with its acquisition of CNet Networks Inc. but also a company that's faced heavy criticism from investors. Those concerns as well as the hefty $1.8 billion price tag helped send CBS's shares down after the deal...

CBS extends online reach with $1.8 billion CNet deal

baltimoresun.com
May 16, 2008
        

CBS Corp. is acquiring a big online reach with its acquisition of CNet Networks Inc. but also a company that's faced heavy criticism from investors. Those concerns as well as the hefty $1.8 billion price tag helped send CBS' shares down after the deal was announced yesterday.

CBS will pay $1.8 billion to acquire CNet Networks

courier-journal.com
May 16, 2008
        

CBS Corp. is gaining a big online reach with its acquisition of CNet Networks, but also a company that has faced heavy criticism from investors. Those concerns as well as the hefty $1.8 billion price tag helped send CBS shares down after the deal was announced yesterday.

CBS in US$1.8B deal for online news, info website CNet Networks

brandonsun.com
May 16, 2008
        

NEW YORK - CBS Corp. is acquiring a big online reach with its acquisition of CNet Networks Inc. but also a company that's faced heavy criticism from investors. The $11.50 per-share price CBS is paying represents a huge premium of 45 per cent over CNet's stock price the day before and seemed...

CBS in US$1.8B deal for online news, info website CNet Networks

canoe.ca
May 16, 2008
        

NEW YORK - CBS Corp. is acquiring a big online reach with its acquisition of CNet Networks Inc. but also a company that's faced heavy criticism from investors. Those concerns as well as the hefty US$1.8 billion price tag helped send CBS's shares down after the deal was announced Thursday.

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