CBS Announces Proposed Debt Offering In Connection with Separation of Outdoor Ad Business
January 07, 2014 at 07:08 AM EST
CBS Corporation (NYSE: CBS.A and CBS) today announced that in connection with its previously announced intention to separate its outdoor advertising business ("CBS Outdoor"), two subsidiaries of CBS Outdoor plan to offer, subject to market and other conditions, $800 million of senior unsecured notes. See full