CBS, Viacom in final stages of all-stock merger: sources [Reuters]
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Source: Reuters
CBS, Viacom in final stages of all-stock merger: sources - Reuters 1 Min Read (Reuters) - CBS Corp ( CBS.N ) and Viacom Inc ( VIAB.O ) are in the final stages of negotiation of an all-stock merger, two sources told Reuters. Viacom shareholders will receive just above 0.595 CBS shares for each share they own, the sources said, adding that the final terms could still change. The two companies are controlled by National Amusements Inc, the holding company owned by billionaire Sumner Redstone and his family. Reporting by Supantha Mukherjee in Bengaluru and Ken Li in New York; Editing by Anil D'Silva All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. CBS, Viacom in final stages of all-stock merger: sources (Reuters) - CBS Corp ( CBS.N ) and Viacom Inc ( VIAB.O ) are in the final stages of negotiation of an all-stock merger, two sources told Reuters. Viacom shareholders will receive just ab
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