CBS To Acquire C|Net For $1.8 Billion

CBS has announced plans to acquire C|Net for $1.8 Billion. C|Net would become part of CBS Interactive.
Known in recent years for it's popularity with the senior set, this is no doubt an effort to remain relevant to a younger audience. I have to say CBS has done some interesting things; like recently putting a lot of it's content online to watch for free. This move will bring all of C|Net's content under CBS's wing, including ZDNet, GameSpot.com, TV.com, mp3.com, C|Net news.com, UrbanBaby, CHOW, Search.com, BNET, MySimon and TechRepublic. Hopefully this will bring some C|Net type content to CBS's broadcast programming. Hmm. CB|Net? C|BS?

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