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CBS Might Need to Borrow to Pay Debt

Mar 6, 2009  •  Post A Comment

Despite cutting its dividend to conserve cash, CBS Corp. might need to borrow money to pay off maturing debt, Bloomberg reports, citing an analyst’s report. Barclay Capital’s Scott Shiffman also said the new loans could have “onerous terms.” CBS declined to comment, Bloomberg said.
—Jon Lafayette

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