New York - A group of investment funds led by Jana Partners has
taken a 21% stake in technology publisher CNET Networks (NASD: CNET), and is seeking to oust
the company's current directors and take a majority of its board, The New York
Times reported, citing people briefed on the proposal. Other entities involved
in the proposal -- which CNET has rejected, sources told The Times -- include
Sandell Asset Management, Spark Capital and entrepreneur Paul Gardi.
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