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CBS And Viacom Agree To $30 Billion Media Merger

cbs4.com Tuesday, 13 August 2019 ()
CBS Corp. and Viacom, once part of the same company, plan to again join forces in a merger to bolster their positions in a rapidly changing entertainment industry.
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News video: CBS and Viacom Agree to Merge After Years of Discussion

CBS and Viacom Agree to Merge After Years of Discussion 01:08

CBS and Viacom Agree to Merge After Years of Discussion. After years of back-and-forth discussions, media giants CBS and Viacom will merge. The new company, ViacomCBS, will be headed by Viacom CEO Bob Bakish. Current CBS CEO Joe Ianiello will act as chairman for CBS as well as maintaining control of...

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CBS, Viacom Agree To $30 Billion Media Merger

CBS Corp. is buying Viacom in an all-stock transaction that values Viacom at around $12 billion. The market value of CBS Corp. is about $18 billion.
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CBS and Viacom are merging into a combined company called ViacomCBS

In a widely-anticipated move, CBS and Viacom have agreed to reunite. The two media giants split back in 2006, although the Redstone family maintained control...
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· CBS and sister company Viacom have agreed to merge in an all-stock deal that would create a combined company with around $28 billion in revenue, the companies...
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