Skip to main content
Case Document

Stipulation and Order

Date
Document Type
Stipulations - Miscellaneous
Attachments
This document is available in two formats: this web page (for browsing content) and PDF (comparable to original document formatting). To view the PDF you will need Acrobat Reader, which may be downloaded from the Adobe site. For an official signed copy, please contact the Antitrust Documents Group.

IN THE UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF COLUMBIA

____________________________________

UNITED STATES OF AMERICA,

         Plaintiff,

                  v.

CBS CORPORATION;

INFINITY BROADCASTING
CORPORATION;

and

OUTDOOR SYSTEMS, INC.,

         Defendants.
____________________________________


|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|         
Civil Action No. 99 3212

FILED DEC - 6 1999




STIPULATION AND ORDER

p>It is stipulated by and between the undersigned parties, by their respective attorneys, as follows:

1. The Court has jurisdiction over the subject matter of this action and over each of the parties hereto, and venue of this action is proper in the United States District Court for the District of Columbia.

2. The parties stipulate that a Final Judgment in the form hereto attached may be filed and entered by the Court, upon the motion of any party or upon the Court's own motion, at any time after compliance with the requirements of the Antitrust Procedures and Penalties Act (15 U.S.C. § 16), and without further notice to any party or other proceedings, provided that plaintiff has not withdrawn its consent, which it may do at any time before the entry of the proposed Final Judgment by serving notice thereof on defendants and by filing that notice with the Court.

3. Defendants shall abide by and comply with the provisions of the proposed Final Judgment pending entry of the Final Judgment by the Court, or until expiration of time for all appeals of any Court ruling declining entry of the proposed Final Judgment, and shall, from the date of the signing of this Stipulation by the parties, comply with all the terms and provisions of the proposed Final Judgment as though the same were in full force and effect as an Order of the Court.

4. This Stipulation shall apply with equal force and effect to any amended proposed Final Judgment agreed upon in writing by the parties and submitted to the Court.

5. In the event (a) the plaintiff withdraws its consent, as provided in paragraph 2 above, or (b) the proposed Final Judgment is not entered pursuant to this Stipulation, the time has expired for all appeals of any Court ruling declining entry of the proposed Final Judgment, and the Court has not otherwise ordered continued compliance with the terms and provisions of the proposed Final Judgment, then the parties are

released from all further obligations under this Stipulation, and the making of this Stipulation shall be without prejudice to any party in this or any other proceeding.

6. Defendants represent that the divestitures ordered in the proposed Final Judgment can and will be made, and that defendants will later raise no claim of hardship or difficulty as grounds for asking the Court to modify any of the divestiture provisions contained therein.

Dated: December _6_, 1999


FOR PLAINTIFF UNITED STATES


_______________/s/________________
Ren馥 Eubanks

U.S. Department of Justice
Antitrust Division
Litigation II
1401 H St. N.W., Suite 4000
Washington, D.C. 20530
(202) 307-0001


SO ORDERED:

_______________/s/________________
United States District Judge

FOR DEFENDANT CBS CORPORATION
AND INFINITY BROADCASTING CORPORATION

_______________/s/________________
Helene Jaffe

Weil, Gotshal & Manges, LLP
767 Fifth Avenue
New York, NY 10153-0119
(212) 310-8000

FOR DEFENDANTS OUTDOOR SYSTEMS
INC.

_______________/s/________________
Mitchell Raup
Mayer, Brown & Platt
1909 K Street, NW
Washington, D.C. 20006-1101
(202) 263-3300

_______________/s/________________
Lawrence R. Fullerton
Powell, Goldstein, Frazer & Murphy
1001 Pennsylvania Ave., N.W
Washington, D.C. 20004
(202) 624-7282

Updated April 18, 2023