Rogers Praised For Hiring Of Stroumboulopoulos CBS, Turner Plug March Madness In N.Y. Subway CBS Bumping Up Tipoff Time Of NCAA Title Game Crew Negotiated Regional TV Blackouts ESPN "Bad Boys" Doc Set For April 17 Tech Review: WWE Network Media Notes Silver Details FiveThirtyEight Relaunch With ESPN MLS Crew Responds To TV Deal Backlash Stroumboulopoulos Expected To Host "HNIC"
Upcoming Conferences and Events
CBS STOCK REBOUNDS AFTER TAKEOVER REPORT
Published May 1, 1995
CBS, Inc. stock "jumped" on Friday after reports that CBS Chair & CEO Laurance Tisch was negotiating to sell his stake in the company to Westinghouse Electric. CBS closed up 3 1/4 at 64 3/4 on the NYSE. CNBC commentator Dan Dorfman had reported that Westinghouse would offer about $80 a share for CBS stock. Rob Morrow, a Westinghouse spokesperson, said the company "doesn't speculate on rumors or speculation" (N.Y. POST, 4/29). NO CHANGE AT FOX? ELECTRONIC MEDIA is reporting that the FCC is all but "scrapping a plan to make Fox restructure and instead may give Rupert Murdoch a foreign ownership waver" (AD AGE/ELECTRONIC MEDIA, 5/1 issue).