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CNET soars on CBS takeover bid

Thu May 15, 2008 8:01am EDT
 
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NEW YORK (Reuters) - Shares of CNET Networks Inc CNET.O jumped more than 42 percent to $11.33 before the bell on Thursday after CBS Corp (CBS.N: Quote, Profile, Research, Stock Buzz) announced a takeover bid for the digital media company.

(Reporting by Ellis Mnyandu, editing by Walker Simon)

 

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