CBS buys CNET for $1.8B
Friday, May 16th, 2008
US media company CBS has bought CNET network.
CBS will make a cash tender offer for all issued and outstanding shares of CNET Networks for $11.50 per share, representing an equity value of approximately $1.8 billion. The acquisition will make CBS one of the 10 most popular Internet companies in the United States, with a [...]
