CBS looking at deals after divesting outdoor stake


CBSCBS has taken the final step in the spinoff of its CBS Outdoor business following CBS Outdoor Americas’ IPO, with a plan to fully divest its 81% ownership. For CBS, the IPO will help provide about $5 billion for possible acquisitions.

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Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.