VIAB (Viacom Class B shares) formerly CBS Message Board

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

VIA 34.88

+1.8%

12:59 PM EST

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To: Patrice Gigahurtz who wrote (2854)	11/3/1998 2:04:00 PM
From: Larry S.	Read Replies (1) of 4613

<<When they do the IPO does that mean that CBS' radios will only net 80% for CBS share-holders compared to what currently is 100% of radios rev ?>> Patrice, since 20% of Infinity Radio will now be publicy held outside of CBS, that share of the revenue will flow to INF shareholders. Since CBS will still retain ownership of the remaining 80% of INF shares (at least for now), it will retain 80% of the revenue. larry

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