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Former radio mogul Larry Wilson continues to ease back into the broadcast spectrum through his private equity-backed Alpha Broadcasting LLC. Alpha on Thursday completed the acquisition of three Portland, Ore., radio stations from CBS Corp. (NYSE:CBS) for $40 million. The previously announced deal follows the May acquisition of two Portland...
Posted on October 1, 2009 8:39 AM
Among the jolts the M&A market has absorbed since 1999 is a dramatic increase in shareholder activism. But it's not just notable investors such as Carl Icahn, Daniel Loeb, Warren Lichtenstein and T. Boone Pickens -- who've been at it for decades -- agitating for change. These days, it's more...
Posted on September 17, 2009 9:09 AM
July 1, 2008, was day 1 for the $1.8 billion acquisition of Cnet Networks by CBS Corp. (NYSE:CBS). How are things going after nearly a year?Quite well, according to a report on AdAge.com, which says the broadcaster's line-up with the Web publishing pioneer is paying off for both. Culture clash?...
Posted on May 26, 2009 10:48 AM
CBS Corp.'s $1.8 billion acquisition of Cnet Networks Inc. in June has placed it in the company of the fastest-growing Web sites, according to a sneak peak of comScore Inc. data, which showed deals were a major factor for other sites on the list.Along with that bit of good news,...
Posted on January 29, 2009 12:53 PM
CBS Corp. is upping its stake in online video with the relaunch of its TV.com Web site, which the network acquired as part of its $1.8 billion takeover of Cnet Networks Inc. TV.com has until recently served as a digital television guide and a community fan forum, but CBS has...
Posted on January 12, 2009 5:52 PM
Is CBS Corp.'s lead dealmaker being primed to take over the CFO role from Fredric G. Reynolds? Maybe so. Joseph Ianniello (pictured), whose relationship with Reynolds goes back at least a decade, has been promoted to deputy CFO. He previously had been chief development officer and treasurer and will continue...
Posted on November 25, 2008 11:29 AM
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