CBS: Is CNET Purchase a Good Move? (at Seeking Alpha)

by: Julia Boorstin posted on: May 16, 2008 | about stocks: CBS / CNET ) CEO Les Moonves is serious about making his company an online powerhouse. Yesterday, CBS announced it's buying CNET Networks for $1.8 billion dollars, paying $11.50 a share, a 45 percent premium over Wednesday's closing... [read full story]                    

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