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CBS Corporation Completes Acquisition of CNET Networks; Merges Operations Into New, Expanded CBS Interactive Business Unit

New CBS Interactive Represents Premier Online Content Network for Information and Entertainment - CBS Interactive Becomes the 8th Largest Web Network Worldwide; - Top Five Premium Content Ad-Supported Network; - The Number One Technology Network Led by CNET.com; - The Number Two Entertainment and Sports Network for Men 18-34 Quincy Smith Named Chief Executive Officer and Neil Ashe Named President...

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CBS Corporation Completes Its Tender Offer for CNET Networks, Inc.

NEW YORK, June 26 /PRNewswire-FirstCall/ -- CBS Corporation (NYSE: CBS.A and CBS) announced today that it has completed its tender offer for all outstanding shares of common stock of CNET Networks, Inc. (Nasdaq: CNET). CBS intends to complete the acquisition in the next few business days. The initial offering period expired at 12:00 Midnight, ET, on Friday, June 20, 2008. A subsequent offering period...

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CBS completes initial offering period of tender offer; will acquire control of CNET

CBS Corporation announced today that it has successfully completed the initial offering period of its tender offer...

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CBS Corporation Successfully Completes the Initial Offering Period of its Tender Offer and Will Acquire Control of CNET Networks, Inc.; Announces Subsequent Offering Period

NEW YORK, June 23 /PRNewswire-FirstCall/ -- CBS Corporation (NYSE: CBS.A and CBS) announced today that it has successfully completed the initial offering period of its tender offer for all outstanding shares of common stock of CNET Networks, Inc. (Nasdaq: ). Approximately 78% of the outstanding shares of common stock of CNET have been tendered, which will make CNET a majority owned subsidiary of CBS...

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CBS Corporation and EcoMedia Team Up With U.S. Mayors to 'Green' Cities Across the Country

Collaboration Will Extend the Private-Public Model Championed by Miami's Mayor Manny Diaz to Cities Nationwide, Providing Mayors with Funding for a New Program for Environmental Initiatives First National Project, 'CBS & EcoZone Green Schools Initiative' Launches This Fall in Miami, Chicago and San Francisco ...

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Mayor Diaz Joins CBS Corporation President and CEO Leslie Moonves and EcoMedia to Announce Nationwide Partnership to 'Green' Cities Across America

PRESS CONFERENCE TO BE HELD THURSDAY, JUNE 19, 2008 at 11:30 a.m. ** MEDIA ADVISORY ** MIAMI, June 18 /PRNewswire-FirstCall/ -- City of Miami Mayor Manny Diaz, joined by Leslie Moonves, President and CEO of CBS Corporation, Paul Polizzotto, Founder and CEO of EcoMedia and City of Chicago Mayor Richard Daley will hold a press conference to announce a nationwide public-private partnership as part...

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TRC Capital Corporation: TRC Amends Its Offer for CBS Corporation

TORONTO, ONTARIO (MARKET WIRE) TRC Capital Corporation (TRC) announced today that in view of current financial market conditions, TRC has amended the terms of its tender offer for up to 3,000,000 Class B common shares of CBS Corporation (the "Company") and has decreased the offer price payable to US$20.55 per share from US$22.00 per share.

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CBS to share its videos with Yahoo

CBS Corporation and Yahoo Inc. have now reached an agreement through which the former will allow its web videos to be loaded onto Yahoo sites. The deal will see Yahoo become a member of the CBS Audience Network which includes the likes of YouTube, AOL, MSN and more, and will help CBS further unfold its plan to make its content available to a wider audience. The CBS videos hosted by Yahoo will all be...

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CBS Corporation Commences Tender Offer for All Outstanding Shares of CNET Networks, Inc.

NEW YORK, May 23 /PRNewswire-FirstCall/ -- CBS Corporation (NYSE: CBS.A and CBS) today announced the commencement of its tender offer for all outstanding shares of common stock of CNET Networks, Inc. (Nasdaq: ) for $11.50 per share, net to the seller in cash, without interest. The tender offer is being made pursuant to an Offer to Purchase, dated May 23, 2008, and in connection with the Agreement and...

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CBS acquires CNET in $1.8B deal

A well known online brand is going to get a new parent. It was announced on Thursday that CNET Networks will be acquired by CBS Corporation in a deal valued at US$1.8 billion. CNET shareholders will receive a cash tender offer of US$11.50 per share as a part of the deal which will make CBS Corporation a top ten Internet company with approximately 200 million users worldwide and 54 million unique visitors...

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CBS Corporation Acquisition of CNET Networks Call Transcript

CBS Corporation (CBS) Acquisition of CNET Networks Call Complete Story ยป

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CBS to acquire CNET Networks for $1.8 billion

In what was a surprise even to it own staff writers, it appears, CNET said Thursday that it had entered into an agreement with CBS Corporation to be acquired in an $11.50 per share deal.

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CBS Snatches CNET

With a fresh banner outside CNET headquarters proclaiming it as one of the best places to work in the universe, ever--according to Business Week , anyway--CBS Corporation just made it a little better for the folks who work there. Well, hopefully. CBS decided to purchase the "premier destination for tech product reviews, tech news, daily videos, free downloads, and podcasts" for for $1.8 billion in...

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CBS Buys GameSpot Parent CNET

The CBS Corporation has entered into an agreement to buy internet media bastion CNET for $1.8 billion, according to a press release earlier today. "There are very few opportunities to acquire a profitable, growing, well-managed Internet company like CNET Networks,"...