The CBS Radio IPO

If you think that this is going to be a simple transfer of currently owned stations to an IPO that Les Moonves slapped $1.5 billion of debt on recently, that’s not what I’m hearing.

Mergers and acquisitions specialist Andre Fernandez wasn’t brought in to replace Dan Mason for nothing.

But the most significant thing about the CBS Radio IPO to be known as CBSR is being overlooked.

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