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Moonves investigation creates two ways Bob Bakish could end up running a combined CBS-Viacom [CNBC]

COMCAST (CMCSA)  More Company Research Source: CNBC
Last comcast earnings: 7/26 07:00 am Check Earnings Report
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PDF Getty Images | CNBC Viacom President and CEO Bob Bakish and Les Moonves, CBS Chairman and CEO of CBS. When National Amusements' controlling shareholder Shari Redstone pushed CBS and Viacom to merge earlier this year, her plan was simple: CBS CEO Les Moonves would run the company and Viacom CEO Bob Bakish would be his second-in-command. Now there are two paths where Bakish could get the chance to run a combined company himself. CBS balked at the deal earlier this year precisely because Bakish was floated as Moonves' No. 2. CNBC reported in April that Moonves wanted Joe Ianniello, his current COO at CBS, to be his right-hand man at a combined company. Redstone wanted Bakish, who has helped get Viacom in better financial shape since he was named full-time CEO in December 2016. CBS announced Monday afternoon that the board would hire outside counsel to conduct an independent investigation on accusations that Moonves had sexually har [Read more]

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