CBS Outdoor Americas prices IPO at $28, the high end of the range

By
A A A

CBS Outdoor Americas, a spinoff of CBS's North & South American outdoor advertising division, raised $560 million by offering 20.0 million shares at $28, at high end of the range of $26 to $28. CBS Outdoor Americas plans to list on the NYSE under the symbol CBSO. Goldman Sachs, BofA Merrill Lynch, J.P. Morgan, Morgan Stanley, Citi, Deutsche Bank and Wells Fargo acted as joint bookrunners on the deal.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

Referenced Stocks: CBSO

Renaissance Capital

Renaissance Capital

More from Renaissance Capital:

Related Videos

Cheap Ways to Sleep Better
Cheap Ways to Sleep Better          

Stocks

Referenced

Most Active by Volume

105,679,298
  • $16.13 ▼ 0.19%
43,130,824
  • $101.32 ▲ 0.74%
24,108,376
  • $59.80 ▲ 7.34%
22,524,427
  • $26.15 ▼ 1.06%
22,194,114
  • $24.65 ▼ 0.96%
21,835,360
  • $99.05 ▲ 0.15%
20,872,575
  • $34.94 ▼ 0.60%
20,561,803
    $74.57 unch
As of 8/22/2014, 04:02 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com