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CBS to Sell Parks Unit

Buyers have inquired.
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CBS (CBS) - Get CBS Corporation Class B Report said intends to divest itself of its Paramount Parks division.

The New York media company said numerous parties have already expressed interest in acquiring the operation. CBS expects to complete the divestiture in the second half of 2006.

Paramount Parks had more than 12 million visitors in 2005. It will remain in full operation throughout the divestiture process.

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