Breaking: CBS Snags GameSpot In $1.8 Billion CNET Acquisition

CBS Corporation just announced an agreement to buy CNET for $1.8 billion dollars. Through the deal, all of CNET's network sites, including GameSpot, TV.com mp3.com, CNET news.com, UrbanBaby, CHOW, Search.com, BNET, MySimon and TechRepublic all become property of CBS. » 5/15/08 10:40am 5/15/08 10:40am

EA Takes Out $1 Billion Loan For Take-Two Acquisition

SEC filings have revealed that Electronic Arts borrowed $1 billion from Morgan Stanley and other lenders to help finance a possible acquisition of Take-Two. » 5/09/08 6:00pm 5/09/08 6:00pm