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CBS Corp.’s (NYSE: CBS) purchase of CNET (NSDQ: CNET) Networks for $1.8 billion comes amid a lot of change and drama at both companies from…

imageCBS Corp.’s (NYSE: CBS) purchase of CNET (NSDQ: CNET) Networks for $1.8 billion comes amid a lot of change and drama at both companies from CNET’s draw-out proxy fight with the consortium led by hedge fund Jana Partners to CBS with its slipping stock price and interactive push. The links below cover the recent history and today’s news, including our breaking news of the deal itself by Joseph Weisenthal, an exclusive interview with CBS CEO Les Moonves by Staci D. Kramer and initial analysis by Rafat Ali; we also have live blogging of the conference call heralding the acquisition.

BREAKING: CBS Acquiring CNET For $1.8 Billion; 44.6 Percent Premium
— <a href="http://www.paidcontent.org/entry/419-cbs-cnet-interview-leslie-moonves/&quot; title="CBS-CNET: Interview: Leslie Moonves, CEO, CBS:

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  1. let the demise of decent blogs begin as the big boys take control.

    sucky.

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