Can CBS Phoenix CNET For $1.8 Billion?

After much speculation as to where CNET would end up – they’ve landed in the lap of CBS.

CBS Corp will acquire CNET Networks in a transaction valued at $1.8 Billion. As a result they’ll have access to a greatly enhanced online footprint.

I expect this deal to receive a lacklustre response. CBS will need to do a lot to revive user excitement in CNET.

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