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Platinum Equity LLC's Affiliate Makes Irrevocable Binding Offer of $225 Million For CBS Corp's CBS Outdoor International-Reuters

Tuesday, 16 Jul 2013 11:30am EDT 

Reuters reported that CBS Corp and Platinum Equity LLC announced that an affiliate of Platinum Equity has made an irrevocable binding offer to acquire the assets of CBS Outdoor International (CBSO International). The proposed transaction represents a total value of approximately $225 million and is subject to completion of works council consultation and other conditions. 

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