MORE: CBS Radio Files IPO; Initial Registration $100m
Source: BFW (Bloomberg First Word)
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CBS US (CBS Corp)
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(Bloomberg) -- CBS plans to distribute all shares of CBS Radio following lock-up period expiration.
Alert: HALISTER- CBS intends to effect the separation by means of a tax-free split-off
- Plans to distribute portion of the net proceeds to CBS; use the remaining net proceeds for general corporate purposes
- Hasn’t yet picked stock exchange or trading symbol
- NOTE: July 6, CBS Sees CBS Radio Filing S-1 for IPO in July
Source: BFW (Bloomberg First Word)
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CBS US (CBS Corp)
To de-activate this alert, click here
UUID: 7947283