May
15th
Thu
15th
CBS To Acquire CNET
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CBS has agreed to acquire CNET for $1.8 billion, which a 44% premium from yesterday’s closing price. Though I hate to use these terms because I consider it all media - old and new media continues to consolidate.
CNET is not just about technology news because they also own lots of entertainment properties including GameSpot.com, TV.com, MP3.com, and MovieTome.com.