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CBS TAKEOVER SPECULATION SURFACES

Published November 7, 1994

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     A new "takeover rumor about CBS is quietly making the rounds
on Wall Street," according to Dan Dorfman in this morning's USA
TODAY.  Dorfman reports that speculation has arisen that a deal
for CBS could come within three months, with a price tag of $6
billion.  The names surfacing as potential CBS buyers:  Marvel
Entertainment and New World CEO Ronald Perelman, Microsoft's Bill
Gates, LDDS Communications Chair John Kluge, Bill Cosby, and the
new entertainment power trio of Steven Spielberg, David Geffen
and Jeffrey Katzenberg (USA TODAY, 11/7).
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