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CBS Outdoor

Platinum Equity makes irrevocable binding offer of $225 million for CBS Outdoor International

16/07/2013

Platinum Equity and CBS Corporation (NYSE: CBS.A and CBS) announced today 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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