Hope CNet doesn't get ruined by this:
CBS inks deal to buy CNet for $11.50 a share

By Steve Gelsi

Last update: 7:23 a.m. EDT May 15, 2008

CNET) for $11.50 a share in cash. The deal values the operator of CNET, ZDNet, GameSpot.com, TV.com, mp3.com, CNET news.com and other Web sites at about $1.8 billion. "The acquisition will make CBS one of the 10 most popular Internet companies in the United States, with a combined 54 million unique users per month, and approximately 200 million users worldwide," CBS said. Shares of CNet closed at $7.95 on Wednesday.

Richard P.


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