Viacom shares fall premarket following Friday reports of merger talks with CBS [MarketWatch]
Via Renewables, Inc. - Class A (VIA)
US:NASDAQ Investor Relations:
ir.viacom.com
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Source: MarketWatch
Viacom shares fall premarket following Friday reports of merger talks with CBS Shares of Viacom Inc. VIAB, +9.57% fell more than 4% in premarket trade on Tuesday. On Friday, The Wrap reported that Shari Redstone, president of National Amusements, which owns controlling interests in Viacom and CBS Corp. CBS, +1.82% was reengaging the two media companies in talks to merge. Shares of Viacom closed up 9.6% on Friday from the previous day's close, and CBS shares closed up 1.8%. Redstone has pushed for the two companies, which split a little more than 12 years ago, to merge before. In December, however, she withdrew support. A report from Reuters over the three-day holiday weekend suggested that the two companies were not actively engaged in merger talks, but that Redstone has had conversations with CBS directors exploring the idea. Shares of CBS were up a little more than 1% on light premarket volume on Tuesday. Shares of CBS have declined nearly 6% in the last 12 months and Viacom s
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News
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- Via Renewables, Inc. Announces Dividend on Preferred StockAccesswire
- Via Renewables, Inc. (NASDAQ: VIA) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Via Renewables, Inc. (NASDAQ: VIA) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
VIA
Sec Filings
- 3/28/24 - Form SC
- 3/28/24 - Form DEFM14A
- 3/28/24 - Form DEFA14A
- VIA's page on the SEC website