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To: Jenna who wrote (20201)12/21/1998 7:48:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 120523
 
hi jenna,

i think things might heating up with OSI, there have been some large blocks going through in the last few days.....i'm sure know the CBS rumor is very strong and it was also mentioned on Bloomberg.
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Even if there is a recession, the consolidation of billboard operators is likely to continue. And there's even a chance that Outdoor will be bought. In fact, the CBS (CBS) network, which is spinning off its Infinity Broadcasting radio division, has already been mentioned as a possible suitor for Outdoor. Then there are the equally acquisitive Chancellor Media (AMFM) and Clear Channel Communications (CCU).