BS Corp on Thursday, May 15, unveiled plans to buy for nearly $1.8 billion Cnet Networks Inc, an online media company that has for months been under fire from activist investors.
Terms of the deal call for the New York-based media giant to pay $11.50 per share, a premium of nearly 45% to San Francisco-based [...]
Most Wall Street analysts believe Microsoft now faces a drawn-out proxy campaign to win its unsolicited takeover of Yahoo!