By Russ Britt, MarketWatch
An expected drop in advertising revenue, coupled with increased expenses needed to bring Thursday night football games to broadcast television, could well leave investors disappointed when CBS Corp.
TPG Specialty Lending, Inc. (NYSE:TSLX) (“TSL”) announced today that its
Board of Directors has approved a stock repurchase plan (the “Company
10b5-1 Plan”) to acquire up to $50 million in the aggregate of TSL’s
common stock at prices just below TSL’s net asset value per share over a
specified period, in accordance with the guidelines specified in Rule
10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934.
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