CBS Outdoor sold abroad

Please ShareShare on FacebookTweet about this on TwitterShare on Google+Share on StumbleUponDigg thisEmail this to someonePrint this page

CBS Corp. has agreed to sell its overseas outdoor ad business to Tom Gores’ Platinum Equity for $225 million.
CBS will retain its US and Canada billboard operations and convert them into a Real Estate Investment Trust, a tool for lowering taxes.
CBS chief Les Moonves said the deal will… …read more
Source: NY Post

Please ShareShare on FacebookTweet about this on TwitterShare on Google+Share on StumbleUponDigg thisEmail this to someonePrint this page