Tag Archives: Leslie Moonves

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 »

A Better Life Outdoors? CBS Has New Plans For Its Outdoor Segments

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After failing to secure a buyer for the unit, CBS Corporation (CBS) announced that it had some new plans for its outdoor segments. The company plans on converting its Americas Outdoor unit into a REIT while the Asian & European Outdoor piece will be divested and treated as a discontinued operation. The Outdoor segment, which is focused on… Read More »