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.

Click here to Login & view the full article & read our famous RBR+TVBR observation (Not a member? Join Today!)