CBS to Buy CNET: Activists Get Big Premium, Not Web-Savvy Management
While Yahoo (and Microsoft) sharesholders await Carl Icahn’s next move, tech M&A continues apace: CBS announced this morning it is buying CNET for $11.50 per share, a 44% premium over Tuesday’s closing price.The $1. …
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Posted on May 15th, 2008 by
Filed under: stock news
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