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CBS Corp (CBS.N)

CBS.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

CBS says new agreement with CEO Leslie Moonves extends his employment through June 2021
Monday, 22 May 2017 01:30pm EDT 

May 22 (Reuters) - CBS Corp :CBS Corporation announces new agreement with chairman, president and chief executive officer Leslie Moonves that extends his employment through June 2021.Moonves' salary remains at its current level.Agreement provides for Moonves to become co's senior advisor for additional 5 yrs, to include option to establish production co under CBS' auspices.  Full Article

Cbs Corp sets quarterly dividend of $0.18 per share
Friday, 19 May 2017 01:00pm EDT 

May 19 (Reuters) - Cbs Corp :Sets quarterly dividend of $0.18 per share.  Full Article

Appaloosa LP takes share stake in CBS, cuts in Allergan
Friday, 12 May 2017 04:30pm EDT 

May 12 (Reuters) - Appaloosa LP:Appaloosa lp takes share stake of 1.0 million of class b shares in cbs corp.Appaloosa lp cuts share stake in allergan plc by 31.1 percent to 2.9 million.Appaloosa lp - change in holdings are as of march 31, 2017 and compared with the previous quarter ended as of dec 31, 2016.  Full Article

CBS Corporation and CBS Affiliate Board announce new wide-ranging agreement
Tuesday, 9 May 2017 03:30pm EDT 

May 9 (Reuters) - CBS Corp ::CBS Corporation and CBS affiliate board announce new wide-ranging agreement.CBS Corp says specific terms of agreement were not disclosed.CBS Corp says deal addresses affiliates' continued participation in cbs all access, additional opportunities to participate in over-the-top platforms.CBS Corp - new deal establishes a framework for distribution of local signals on Google's Youtube TV, Hulu's new television streaming service.  Full Article

CBS Q1 loss per share $0.61
Thursday, 4 May 2017 04:05pm EDT 

May 4 (Reuters) - CBS Corp ::CBS Corp says qtrly advertising revenue $1,603 million versus $2,342 million last year.CBS Corp qtrly entertainment revenue $2,347 million versus $2,587 million last year.CBS Corp - "in two weeks we will unveil our new primetime schedule on CBS television network".CBS Corporation reports first quarter 2017 results.Q1 adjusted earnings per share $1.04 from continuing operations.Q1 earnings per share $1.09 from continuing operations.Q1 loss per share $0.61.Q1 revenue $3.34 billion versus I/B/E/S view $3.27 billion.Q1 earnings per share view $0.96 -- Thomson Reuters I/B/E/S.  Full Article

Outfront Media says announced partnership with CBS, Turner Broadcasting
Monday, 20 Mar 2017 03:04pm EDT 

Outfront Media :Outfront Media - announced partnership with CBS, Turner Broadcasting to display real-time 2017 NCAA men's basketball tournament scores to digital canvases.  Full Article

CBS says new two-year broadcast agreement with Warner Bros Television for Big Bang Theory - Tweet
Monday, 20 Mar 2017 03:04pm EDT 

: CBS says new two-year broadcast agreement with Warner Bros Television for Big Bang Theory - Tweet Further company coverage: [CBS.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Entercom Communications, CBS Radio announce pricing of term loan
Thursday, 2 Mar 2017 04:05pm EST 

Entercom Communications Corp : Entercom Communications and CBS Radio announce pricing of term loan in connection with merger . Entercom Communications - CBS Radio established pricing for 7-year, $500 million senior secured term loan b to be issued in connection with merger . Entercom Communications Corp- loan will have an interest rate of libor plus 2.75%, with no libor floor, and will be issued at par .Entercom Communications - CBS Radio's credit facility is being amended to include new term loan, which is expected to be funded at closing of merger.  Full Article

Entercom communications to pay CBS $30mln in case deal gets terminated
Friday, 3 Feb 2017 06:12am EST 

Cbs Corp : If deal is terminated by Cbs or Co under certain circumstances, then Co is obligated to pay CBS onetime fee equal to $30 million .At closing of deal, CBS units to enter 3 agreements with CBS radio, CBS radio units to license use of certain IP after deal's closing.  Full Article

CBS says Entercom must pay $30 mln termination fee under certain circumstances
Thursday, 2 Feb 2017 05:27pm EST 

CBS Corp - :Agreement with Entercom provides that Entercom must pay to co $30 million termination fee under certain circumstances - SEC filing.  Full Article

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Soccer: Arsenal owner Kroenke says his shares in club not for sale

Arsenal majority owner Stan Kroenke's KSE (Kroenke Sports & Entertainment) UK Inc said on Monday its shares in the Premier League club were not for sale after media reports that the club's second-largest investor had made an offer to buy out Kroenke.