CBS Acquiring CNET for $1.8 Billion, Deal Includes Web Properties Such As Search.com, TV.com, MP3.com, News.com, Downloads.com, Others

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Via Search Engine Journal:

CBS is making a major Internet and news powerplay, acquiring CNET for $11.50 per share (44% more than CNET is trading at) for a total of $1.8 Billion. Acquiring CNET and its $406 million per year in revenue is a big and bold move by CBS, which was the original parent company of iWon Search (now an IAC company) when it launched.

Read more here.

2 Responses to “CBS Acquiring CNET for $1.8 Billion, Deal Includes Web Properties Such As Search.com, TV.com, MP3.com, News.com, Downloads.com, Others”


  1. 1 Emil.king.net

    Great acquisition for CBS. Whoever the business people in that organization deserve my appreciation.

  1. 1 Domisfera » Articulo » Las grandes corporaciones siguen acaparando dominios genéricos premium

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