As many of you know, there is some BS going on with CBS Sportsline, here's the skinny as to why they are trying to stop gambling posts on CBS..the new CEO is a prick and wants to reformat CBS. THe merger is still in proxy voting so we'll see...stay tuned for more details and to learn why your IP's get fucked with, your passwords changed, and most importantly, what CBS doesn't want you to know. Have a good one all.

VIACOM AGREES TO ACQUIRE SPORTSLINE.COM, INC.

Leading Internet Sports Media Company to Operate Hand-in-Hand with CBS Sports

New York, NY, and Ft. Lauderdale, FL, August 2, 2004 – Viacom Inc. (NYSE: VIA, VIA.B) and SportsLine.com, Inc. (NASDAQ: SPLN) announced today that they have signed a definitive agreement for SportsLine.com to merge with a subsidiary of Viacom. Public stockholders of SportsLine.com will be entitled to receive $1.75 per share in cash on closing of the transaction. Completion of the merger is subject to customary closing conditions, including approval by SportsLine.com’s shareholders. The merger is expected to be completed by the end of the year. Viacom currently holds approximately 38% of the total outstanding shares of SportsLine.com’s common stock.

“This is a great opportunity for Viacom and CBS,â€Â