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CBS CBS Corp

40.77
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
CBS Corp NYSE:CBS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 40.77 0 01:00:00

Sources: CBS Offered to Buy Starz From Lions Gate for $5 Billion -The Information

17/05/2019 8:09pm

Dow Jones News


CBS (NYSE:CBS)
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From May 2019 to May 2024

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   By Josh Beckerman 
 

--Lions Gate Entertainment Corp.'s (LGFA, LGFB) Class A shares surged 12% to $15.26 as The Information reported that CBS Corp. (CBS) expressed interest in buying Starz from Lions Gate for about $5 billion. The report cited four people familiar with the situation.

--CBS interim CEO Joseph Ianniello made an informal offer to Lions Gate over the past weeks, according to the report.

--Spokesmen for CBS and Lions Gate declined to comment.

 

https://www.theinformation.com/articles/cbs-made-informal-offer-to-acquire-starz

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

May 17, 2019 14:54 ET (18:54 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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