2 posts and columns on Alex Interactive Media

CNET and Jana: The Battle Drags On

in News on May 14, 2008 at 5:00 am PT

In another micro-move in the fight between activist shareholders and CNET, the Delaware Supreme Court given the thumbs up to a lower court ruling that the Jana Partners group can nominate a slate of directors to the board of San Francisco-based tech news and reviews site. CNET has been fighting these efforts by Jana–along with Sandell Asset Management, Alex Interactive Media, Spark Capital and Velocity Interactive Group–to nominate two director and expand the board and add more of their own nominees–claiming it was contrary to its bylaw. Apparently not!
cnet

CNET's Activist Investors Write the Book of (Not-So-Much) Love

in News on April 1, 2008 at 6:15 am PT

Unfortunately, for CNET (CNET) Networks, it’s not an April Fool’s joke, but more lump of coal to the tech news and review site’s management and board. Today, a group of very obviously stubborn activist investors, who have been seeking to gain CNET board seats and make other major changes at the company to boost its [...]