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05-15-2008, 07:53 AM
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Nasdaq CNET Thread
Information on CNET can be found and shared in this thread
CNET: Summary for CNET NETWORKS INC - Yahoo! Finance 5 day chart, will updated every 15 minutes 3 month chart, will update at the END of the day
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I am not a registered broker so please buy and sell on your own choice. These are just my opinions and should not be used for buy/sell signals. Please check out disclaimer for any market awareness for any of the above mentioned stocks. 
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05-15-2008, 07:54 AM
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11.32 up 42% off the news today during pre market trading
CBS says agrees to buy web publisher CNET Thursday May 15, 7:53 am ET NEW YORK (Reuters) - CBS Corp (NYSE:CBS - News) said on Thursday it would to buy web media company CNET Networks Inc (NasdaqGS:CNET - News), for about $1.8 billion, in a deal that would broaden the television broadcaster's reach across the Internet. ADVERTISEMENT When the deal, worth $11.50 a share, is completed, CBS will have 54 million unique users per month, CBS said. "CBS and CNET Networks will have significant additional exposure to the fastest-growing advertising sector and can accelerate our growth through a number of new content, promotion and advertising initiatives," the companies said in a statement. CNET's many Internet's sites including ZDNet, GameSpot.com, TV.com, and MySimon. The company posted $406 million in revenue in 2007. The transaction is expected to be completed in the third quarter of this year. (Reporting by Franklin Paul; Editing by Derek Caney)
__________________
I am not a registered broker so please buy and sell on your own choice. These are just my opinions and should not be used for buy/sell signals. Please check out disclaimer for any market awareness for any of the above mentioned stocks.
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