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Rumors of Potential CNET Sale Spur Market Speculation - 07/01/05

Rumors of Potential CNET Sale Spur Market Speculation - 07/01/05

By Garance Burke | Associated Press

SAN FRANCISCO — Shares of CNET Networks Inc. surged more than 10 percent Thursday based on a published report that the company is looking for a buyer.

The New York Post reported the technology information portal may be “shopping itself” to investors, including Viacom Inc. and InterActiveCorp, setting off intense speculation among analysts and shareholders.


2 July, 2005 |



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