US: CBS board plans merger talks with Viacom

US: CBS board plans merger talks with Viacom

The CBS board is preparing for merger talks with Viacom, people familiar with situation said, reported CNBC. The long-anticipated talks between the two companies controlled by the Redstone family’s National Amusements are expected to begin in mid-June, though discussions could begin even sooner, the sources said. Viacom CEO Robert Bakish would likely run the combined […]

US: CBS & Viacom are once again talking merger?

US: CBS & Viacom are once again talking merger?

CBS and Viacom have for over a year now been in on and off talks to once again merge according to a report from Fox Business. The two companies use to be one, but broke up into two companies in 2006, at the request of both boards. It is important to remember that both Viacom […]

US: Is the CBS-Viacom merger back on?

US: Is the CBS-Viacom merger back on?

CBS’ board will meet on January 31, and the possibility of a merger between the former corporate siblings will be a hot topic on the agenda, according to Bloomberg, which reports that a decision “could come within weeks.” A potential combination between CBS and Viacom, whose assets include Comedy Central, MTV, Nickelodeon, and the Paramount […]

US: Owner Shari Redstone wants to combine and sell CBS and Viacom

US: Owner Shari Redstone wants to combine and sell CBS and Viacom

The bitterest boardroom battle in recent memory has turned on a series of slights, verbal jousting and a physical altercation involving hands on a face that could determine the futures of both CBS and Viacom. Shari Redstone, the controlling owner of CBS, has filed a complaint against the broadcaster and its chief executive Les Moonves […]