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Report: CBS-Viacom Deal Could Come Monday, CBS Shareholders Could See Slight Premium
Monday, August 12, 2019 - 11:29am | 303CBS Corporation (NYSE: CBS) and Viacom Inc (NASDAQ: VIAB) are close to a merger deal that would value Viacom below its most recent closing price, Reuters reported Monday. Shares of both media companies were trading down after the report, which cited unnamed sources in saying Viacom shareholders...
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Controlling Holder In CBS, Viacom Pushing For Merger
Wednesday, September 28, 2016 - 12:07pm | 249Shares of Viacom, Inc. (NASDAQ: VIAB) traded higher on Wednesday following a report that a merger with CBS Corporation (NYSE: CBS) is being pursued by common controlling shareholder. CBS' stock also traded modestly up following the news. According to a Reuters report, National Amusements Inc (NAI...