VIAB (Viacom Class B shares) formerly CBS Message Board

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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS

VIA 26.87

+6.7%

Jan 13 3:59 PM EST

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To: MGV who wrote (2405)	8/27/1998 7:13:00 AM
From: Bryan Arnold	Read Replies (1) of 4613

Major announcement at 7:00am today and conference call at 10:00am. Mel is set to announce a restructuring of assets. No details were released but one insider suggested that Mel is planning to sell to investors a minority interest of the broadcasting side. CBS will still maintain majority control over the broadcasting side but it will give people a chance to own the TV and Radio stations without having to own the network. Hopefully, this will work. quicken.com Bryan

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