Analysts Speculate About CBS Breakup
July 10, 2006 at 6:21 AM (PT)
BUSINESS WEEK is reporting WALL STREET speculation that CBS CORP. may be broken up if the company's stock doesn't improve.
The article quotes BOYAR ASSET MANAGEMENT's MARK BOYAR as calling a breakup logical due to CBS' "extraordinarily low valuation and the obvious value" of its assets, but the magazine notes "nothing may happen for a year." CBS and VIACOM declined to comment on the speculation.