Mergers & Acquisitions
Aug. 17, 2004
CNET Networks Wraps Up Webshots in $70 Million Deal
On July 14, online technology news provider CNET Networks Inc. announced plans to acquire privately held Twofold Photos Inc., which owns Redwood City-based Webshots, in a deal valued at $70 million.
Less than three weeks later, the San Francisco-based Internet content company sealed the deal for $60 million in cash a...
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