Cnet networks goes to CBS

CBS has bought the giant network, the CNet network for $ 1.8 billion, i.e $ 11.5/share. CBS is now in the top 10 of largest Internet companies in the world and they are gearing up for top 5 :) This deal includes Cnet's other sites like ZDnet , etc I think Cnet did the right thing by selling itself as it was going in loss past several months with increasing competition with other tech sites like tech crunch which have more UV than Cnet. Cnet delivered everything from tech news to software downloads, analysis, etc. and was well organized network. Well, the JANA must be quite happy with this deal i suppose as they have got 44% higher share value.