Cnet, Acquisition Approved

Share this content:
CNET Inc., San Francisco, received anti-trust approval yesterday for its proposed $700 million acquisition of Santa Clara CA-based Inc. CNET received early termination of the waiting period under the Hart-Scott-Rodino act, according to wire service reports.

After the companies combine, they will have 10 million unique users, 250 product categories, and more than 2,600 merchants and advertisers.

CNET will issue 11.3 million shares to complete the merger and will likely change its name to CNET Networks Inc., according to reports. The merger is expected to close at the end of the first quarter.

Next Article in Data/Analytics

Sign up to our newsletters

Company of the Week

USAData helps businesses find new customers and grow their current customers through a combination of data and digital marketing services, and easy-to-use SaaS technology products. We enrich customer data so businesses can more effectively target and communicate with customers, and connect them with their best look-alike prospects through digital and traditional channels. We make it easy through simple, self-serve applications and APIs, as well as through full-service programs managed by our Data and Digital experts. 

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above