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Financial News

04/16/14CBS Obtains Favorable REIT Ruling From The IRS
NEW YORK, April 16, 2014 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) today announced that the Internal Revenue Service ("IRS") issued a favorable private letter ruling with respect to the Company's plan for its outdoor advertising subsidiary, CBS Outdoor Americas Inc. (NYSE: CBSO), to convert to a real estate investment trust ("REIT"). Earlier this month, CBS Outdoor completed an initial public offering of 19% of its shares. CBS plans to divest its 81% stake in CBS Outdoor through ... 
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04/11/14CBS Outdoor to Report First Quarter 2014 Results on Thursday, May 8
NEW YORK--(BUSINESS WIRE)--Apr. 11, 2014-- CBS Outdoor Americas Inc. (NYSE:CBSO) announced today that it will report results for the quarter ended March 31, 2014 before the market opens on Thursday, May 8, 2014. The earnings announcement will be available in the Investor Relations section of the Company’s corporate website, The Company will host a conference call to discuss the results on May 8, 2014 at 8:30 a.m. Easter... 
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04/02/14CBS Outdoor Announces IPO Closing
NEW YORK, April 2, 2014 /PRNewswire/ -- CBS Outdoor Americas Inc., the outdoor advertising subsidiary of CBS Corporation, today announced the closing of its previously announced initial public offering ("IPO") of 20 million shares of common stock at a price to the public of $28.00 per share. In connection with the IPO, the underwriters exercised in full their option to purchase an additional three million shares, bringing the total IPO size to 23 million shares. The shares began trading on the N... 
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CBS (Class B)
ExchangeNYSE (US Dollar)
Change (%) Stock is Up 0.34 (0.56%)
As of 04/17/14 4:01 p.m. ET
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05/08/14 4:30 p.m. ET

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