Tag Archives: CMLS

CBS Radio To Merge With Entercom(ETM) In Reverse Morris Trust Transaction

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Last March, we reported that CBS(CBS) was considering ‘strategic options’ for its radio business.  After it was unable to find a buyer, the company moved forward with plans for an IPO and spinoff of CBS Radio. Today, the company again announced a change of plans. Instead of an IPO, the company will be spun off and immediately merge… Read More »

CBS Considering ‘Strategic Options’ For Its Radio Business

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CBS Corporation (CBS) is ready to shed one of its oldest assets. While the network is well known today for its hit shows, its origins are in the radio business. Nothing lasts forever though and during this week’s presentation at its analyst day, CEO Les Moonves announced that the company was considering ‘its strategic options’ for the radio business.… Read More »