|11/21/17||CBS Corporation Announces Final Results of CBS Radio Exchange Offer|
|NEW YORK, Nov. 21, 2017 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) ("CBS") today announced the final results of its offer to shareholders to exchange their issued and outstanding shares of CBS Class B common stock for shares of CBS Radio Inc. ("CBS Radio") common stock owned by CBS as part of its agreement to combine CBS Radio with a subsidiary of Entercom Communications Corp. (NYSE: ETM) ("Entercom").
The exchange offer expired at 11:59 p.m., New York City time, on November 16, 2... |
|11/21/17||CBS Corporation Announces Quarterly Dividend|
|NEW YORK, Nov. 21, 2017 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) announced today that its Board of Directors has approved a quarterly dividend on the Company's stock of $.18 per share. The dividend is payable on January 1, 2018, to shareholders of record on December 11, 2017.
About CBS Corporation
CBS Corporation (NYSE: CBS.A and CBS) is a mass media company that creates and distributes industry-leading content across a variety of platforms to audiences around the world. The C... |
|11/17/17||CBS Corporation Completes Split-Off Of CBS Radio|
|NEW YORK, Nov. 17, 2017 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) today announced the completion of the split-off of CBS Radio Inc., which was merged with a subsidiary of Entercom Communications Corp. (NYSE: ETM) through a "Reverse Morris Trust" transaction. The closing of the merger followed the previously announced expiration of the Company's exchange offer. As a result of the merger, participating CBS stockholders will receive one share of Entercom Class A common stock in exchange... |