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Will CNet Acquire or Get Acquired ?

CNet could be a prime takeover candidate.

CNet has hired Zander Lurie who advised Internet companies on mergers and acquisitions at JPMorgan.

Lurie will be a senior vice president for strategy and development at CNet.

Matthew Wurtzel speculates that either CNET is up for sale or preparing for an acquisition spree of its own.

The New York Post earlier reported that CNet had held informal talks with Viacom, Yahoo and Time Warner about a possible sale.

Source: MarketWatch | Tech-Conf