CBS buys Cnet (Next on CBS: Gamespot!)

[MIR]

CBS buys tech news website CNET
Television company CBS has agreed to buy technology news and entertainment website CNET for about $1.75bn (£900m).
CBS said that the purchase of CNET, which owns sites such as ZDNet and Gamespot, would help to boost its online presence.
CBS has offered $11.50 a share in cash, which is 45% more than CNET's closing price on Wednesday.
The companies said the combined group would have "significant additional exposure" to online advertising.
The deal will make CBS "one of the 10 most popular Internet companies in the United States", with 54 million US users and 200 million worldwide, CBS said in a statement.
The deal is subject to approval by regulators and CNET shareholders.
Other CNET sites include News.com, TV.com, Mp3.com and MySimon.
CBS will combine them with its own websites such as CBSSports.com and CBSNews.com.

Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/2/h...ss/7402897.stm

[DarkSerge]

Since cnet owns gamefaqs as well I wonder what will happen to it?

[MIR]

GameFAQ is in fact a subsidiary of Gamespot. hence the addition to the title. GameFAQ is one of the web's most busiest sites. CBS will most likely keep it do to the profitability of advertising on the pages. it would be financialy suicidal for CBS to sell the Gamespot and gameFAQ sites.