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+ -   CBS to acquire CNET Networks for $1.8 billion on Thursday May 15 2008, @08:08AM

Submitted by on Thursday May 15 2008, @08:08AM
business
An anonymous reader writes "According to an announcement made today by Neil Ashe, CEO of CNET Networks, CBS has acquired CNET Networks. "Today, CNET Networks announced that it has been acquired by US media company CBS, in a deal valued at $1.8bn. The agreement represents an important strategic step for both companies and should be completed by the third quarter of 2008." So guess we'll be seeing The Late Show with Dan Ackerman, Molly Wood in Hollywood and CSISpot."
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