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CBS Buys CNET For $1.75 Billion

overclockersclub.com
May 16, 2008
        
Story Timeline:  202 days

It would appear that television network CBS has agreed to purchase CNET, the popular tech news and entertainment portal for approximately $1.75bn. With the move CBS aims to significantly increase its online exposure, and will make it one of the big players, with 54 million US users and 200... [read full story]                    

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CBS To Buy CNET For $1.75bn

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

CBS To Buy CNET For $1.75bn

 impactlab.com May 16, 2008
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CBS To Buy CNET For $1.75bn

impactlab.com
May 16, 2008
        

A Good Match? CBS has noticed the Internet. It is to pay $11.50 a share for CNET, which adds up to nearly $1.8bn, instantly turning it a big player in the tubes. Fortune says that’s a 44 percent premium over Wednesday’s closing price, which is basically them saying “Damn, this company is run...

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