Barrington Research has acted as Co-Manager in the initial public offering of common stock for CBS Outdoor Americas, Inc. (CBSO).
CHICAGO, April 3, 2014 — Barrington Research Associates, Inc. (www.brai.com), a nationally recognized investment services firm, has acted as Co-Manager in the initial public offering of common stock for CBS Outdoor Americas, Inc. (CBSO).
The offering consisted of 20,000,000 shares of common stock offered to the public at a price of $28.00 per share and includes an overallotment option up to an additional 3,000,000 shares of common stock. The transaction was priced on March 27, 2014 and closed on April 2.
Goldman, Sachs & Co., BofA Merrill Lynch, J.P. Morgan, and Morgan Stanley acted as joint book-running managers, and Citigroup, Deutsche Bank Securities, and Wells Fargo Securities acted as book runners in the transaction.
A Form S-11 registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offer, solicitation or sale will be made only by means of the prospectus supplement and the base prospectus.
About CBS Outdoor Americas, Inc.
CBS Outdoor is one of the largest out-of-home media companies in the Americas and has a major presence throughout the United States, Canada, Mexico and South America. With both traditional outdoor (billboard and transit) advertising properties and a network of digital displays and mobile offerings, CBS Outdoor gives advertisers both breadth and depth of coverage across vast geographies, as well as immersive ways to connect with advertisers.