What Was Just Amended In CBS Radio’s IPO Plan?


Late in the day on the Friday before Christmas, CBS Corp. filed “Amendment No. 3” to its Form S-1 for registration with the Securities & Exchange Commission outlining the issuance of CBS Radio Inc. common stock.

What was amended in the preliminary prospectus?

There are new details regarding pre-offering financing, which provides a clearer picture of what CBS Corp. is doing in preparation for its spin-off of CBS Radio, and its initial public offering (IPO).

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Adam R Jacobson is a veteran radio industry journalist and advertising industry analyst with general, multicultural and Hispanic market expertise. From 1996 to 2006 he served as an editor at Radio & Records.