S&P Dow Jones Indices Announces Treatment of CBS Corp. Split-off in S&P 500; CBS Outdoor Americas Inc. Not Added to an S&P Index
PR Newswire
NEW YORK

NEW YORK, July 3, 2014 /PRNewswire/ -- S&P Dow Jones Indices announces treatment of CBS Corp. (NYSE:CBS) Split-off in S&P 500:

  • CBS Corp. is offering to exchange shares of CBS Outdoor Americas Inc. (CBSO.NYSE) that are owned by CBS for outstanding shares of CBS Class B common stock. The exchange offer will expire at 12:00 midnight, NYC time, on July 9, 2014, unless the offer is extended or terminated. S&P DJI will not add the split-off company to any S&P 1500 index at the completion of the transaction. CBS Corp. will remain in the S&P 500. 

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For more information:

Dave Guarino
Communications
S&P Dow Jones Indices
dave.guarino@spdji.com 
(212) 438-1471

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
david.blitzer@spdji.com 
(212) 438-3907  

SOURCE S&P Dow Jones Indices