Entries tagged "strategic bidders"
With CBS Corp.'s $1.8 billion purchase of Cnet Networks Inc., we're again reminded that strategics are back at the helm of dealmaking. The renewed power has created a heady atmosphere for corporate dealmakers willing to make bold moves, as evidenced not only by the CBS offer, but also by the Microsoft Corp. bid for Yahoo! Inc., the Blockbuster offer for Circuit City Stores Inc., the Cablevision Corp. purchase of Newsday, and Hewlett-Packard Co.'s deal for Electronic Data Systems Corp....