Acquisition:CBS Is Buying CNET for 1.8 Billions

  • Posted on: May 15th, 2008
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Quick Post:CBS (NYSE: CBS) is acquiring CNET (NSDQ: CNET) for $1.8 billion in cash. The purchase price comes to $11.50 per share, representing a 44.6 percent premium over last night?s closing price of $7.95.

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