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Old 05-15-08, 09:51 AM   #1 (permalink)
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Mainstream Media + Online Media = CBS

This is huge for CBS. There is not much I can really say, but WOW...[INDENT] CBS has agreed to acquire CNET Networks in a deal valued at $1.8 billion, the companies said Thursday.
The purchase price comes to $11.50 per share, representing a 44 percent premium over Wednesday's closing price of $7.95.
The acquisition will make CBS one of the 10 most popular Internet companies in the United States, with a combined 54 million un...

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