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In what year did CBS Corporation spin CBS and Infinity Broadcasting back into a separate company?

  • 2005

  • 2007

  • 2009

  • 2011

Answer

In 2005, CBS Corporation spun CBS and Infinity Broadcasting back into a separate company, as the two entities had not been profitable together. CBS and Infinity had been combined in 1995, and had been profitable for a number of years after the merger. However, the combination of the two companies had resulted in a number of problems, including a lack of focus and a duplication of resources.
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