CBS Viacom Merger

CBS Corporation (NYSE: CBS) and Viacom Inc (NASDAQ: VIAB) announced Tuesday afternoon they're merging, reuniting the entertainment companies that split more than a decade ago as they seek to compete in a world changing how it watches TV and movies. What Happened The merger, which follows months...

CBS 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...

CBS Corporation (NYSE: CBS) reported strong second-quarter earnings on continued subscriber gains for its streaming platforms and good ad sales, but the growth remains overshadowed by the unsettled picture around the company’s possible merger with Viacom Inc. (NASDAQ: VIAB). “Cloudy...

Investors hoping for a merger between CBS Corporation (NYSE: CBS) and Viacom, Inc. (NASDAQ: VIAB) were likely disappointed on Monday following reports that the merger talks have ended. Sumner Redstone and his daughter Shari Redstone control National Amusements, a holding company that owns a...