Recent unconfirmed rumors of a possible acquisition of CNET Networks Inc. have
resurfaced, according to BloggingBuyouts. Barry Briggs, former president, COO
and the third-largest shareholder, is encouraging a sale. CNET, a technology
news and review Web site, will report earnings after market close Thursday, so
maybe it will either confirm or kill this age-old rumors once and for all. —
Matthew Wurtzel
Paulson's proposal to purchase an equity stake in Yellow Pages publisher Idearc is the second time in recent months an investor group has used its prepetition debt position to execute a bargain price 'exit LBO.'