CBS Outdoor Americas files for IPO

|About: CBS Corporation (CBS)|By:, SA News Editor

CBS's outdoor advertising unit, CBS Outdoor America will offer 20M shares at an expected price range of $26-$28, and trade under the symbol CBSO.

Following the IPO, CBS will own more than 80% of the stock, but plans to divest this year, after which CBSO will convert to a REIT.

SEC Form S-1