Along with Sandell Asset Management Corp., Alex Interactive Media LLC, Spark Capital and Velocity Interactive Group, Jana had made wide-ranging criticisms of Cnet's management and its lanquishing stock price before CBS announced the buyout on May 15 and started a tender offer for the San Francisco company's shares on May 23.
In a Securities and Exchange Commission filing Thursday, Jana said the acquisition would likely be completed regardless of any actions the firms took before Cnet's next shareholder meeting. - Chris Nolter
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