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Stock Market & Financial Investment News

News Breaks
July 10, 2014
08:56 EDTCBS, CBSOCBS announces preliminary results of CBS Outdoor exchange offer
CBS Corporation (CBS) announced that based on preliminary results, its previously announced offer to its shareholders to exchange their shares of CBS Class B common stock for up to 97M shares of CBS Outdoor Americas (CBSO) common stock that are owned by CBS was oversubscribed. The exchange offer expired at 12:00 midnight, New York City time, on July 9. Under the terms of the exchange offer, 2.1689 shares of CBS Outdoor common stock will be exchanged for each share of CBS Class B common stock accepted in the exchange offer. CBS has accepted 44,723,131 of the tendered shares in exchange for 97M shares of CBS Outdoor common stock owned by CBS. CBS expects to announce the final proration factor promptly following the expiration of the guaranteed delivery period, which is expected to occur on July 14.
News For CBS;CBSO From The Last 14 Days
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April 16, 2015
11:05 EDTCBSCBS April calls active amid subject of recent takeover chatter
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April 13, 2015
07:22 EDTCBSWave of media M&A may be on the way, WSJ says
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April 9, 2015
06:10 EDTCBSVeteran CBS reporter Schieffer to retire, WSJ reports
Bob Schieffer, a veteran CBS Washington reporter and host of the Sunday news magazine "Face the Nation," will retire this summer, The Wall Street Journal reports. Schieffer has been with the network for over 40 years. Reference Link
April 7, 2015
10:19 EDTCBSHigh option volume stocks
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