CBS IPO third largest ever

CBS raised $2.87 billion last week through an initial public offering of its radio division, Infinity Broadcasting.

CBS raised $2.87 billion last week through an initial public offering of its radio division, Infinity Broadcasting. The sale of a 14% stake in Infinity knocked Fox Entertainment Group's record breaking IPO from the third to fourth largest in US history.

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in

Would you like to post a comment?

Please Sign in or register.