I WATCH

CNET, San Francisco, said last week it would buy Web site MySimon.com in a stock deal valued at $700 million. MySimon, Santa Clara, Calif., offers consumers comparison shopping on products, including groceries, from more than 2,500 on-line merchants. CNET offers a similar service for electronic equipment and computers. The deal is set to close at the end of the first quarter.

CNET, San Francisco, said last week it would buy Web site MySimon.com in a stock deal valued at $700 million. MySimon, Santa Clara, Calif., offers consumers comparison shopping on products, including groceries, from more than 2,500 on-line merchants. CNET offers a similar service for electronic equipment and computers. The deal is set to close at the end of the first quarter.

Register to view the full article