Cbs to pay $1.8 billion for cnet networks

CBS said Thursday it would buy CNET Networks for $1.8 billion in cash, marking its biggest online acquisition since hiring Quincy Smith, a former media and technology investment banker, to lead its interactive unit in late 2006.Video: CBS in $1.8B Deal for News, Info Site CNet AssociatedPressCBS to buy online pioneer CNet for $1.8 billion MarketWatchCNNMoney.com - Bloomberg - BusinessWeek - Houston Chronicle