Summary:

As has already been widely reported, CBS (NYSE: CBS) is acquiring CNET (NSDQ: CNET) for $1.8 billion cash, marking the big acquisition we ha…

imageAs has already been widely reported, CBS (NYSE: CBS) is acquiring CNET (NSDQ: CNET) for $1.8 billion cash, marking the big acquisition we had anticipated and enabling CNET to avoid a proxy battle with Jana. We have Rafat’s first take on the move, as well as Staci’s interview with CBS Interactive president Quincy Smith and CNET CEO Neil Ashe and her exclusive with CBS CEO Les Moonves. Some highlights:

CBS Acquiring CNET For $1.8 Billion; 44.6 Percent Premium
CBS-CNET: Interview: Leslie Moonves, CEO, CBS:

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