ViacomCBS in talks to sell CNET for $500 million

ViacomCBS in talks to sell CNET for $500 million

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ViacomCBS Inc. is in talks to sell technology news and reviews site CNET to digital-media holding company Red Ventures LLC, reports Benjamin Mullin and Sahil Patel of The Wall Street Journal.

Mullin and Patel report, “The price being discussed for CNET is about $500 million, some of the people said. The deal isn’t final and talks could break down, the people said.