Headline Details

CBS, Viacom agree to merge in all-stock deal

Published on: Tue, 13 Aug 2019 18:18:52 UTC
News Agency: Reuters
Description:
CBS Corp and Viacom Inc agreed to merge on Tuesday, creating a company with more than $28 billion in revenue, as an increasingly competitive media landscape prompted their controlling shareholder to reunify the U.S. entertainment companies 13 years after breaking them up.

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