(Reuters) - CBS Corp and Viacom Inc have reached a deal to reunite media mogul Sumner Redstone's U.S. entertainment empire, betting that a larger company will be able to compete and partner better in ...
(Reuters) - Sumner Redstone's holding company National Amusements Inc's decision to abandon a merger of its prized media assets, CBS Corp and Viacom Inc, leaves them under pressure to buy or partner ...
Since completing a merger late last year ViacomCBS (NASDAQ:VIAC, NASDAQ:VIACA) has become a battlefield stock that is losing the war. Shares are down 18% from the start of 2020, while the average S&P ...
When CBS filed suit to strip Shari E. Redstone of her voting control of the company in May, no one purported to be more surprised — and hurt — than Redstone herself. Perhaps she shouldn’t have been.
Redstones Scrap All Plans for Viacom, CBS Merger The Wall Street Journal's Keach Hagey and Amol Sharma join Steve Perlberg to break down what's behind Viacom's latest move to drop all plans to merge ...
Add Yahoo as a preferred source to see more of our stories on Google. ViacomCBS shares were up more than 5% in trading Friday, reflecting renewed investor interest in the company following the death ...
Add Yahoo as a preferred source to see more of our stories on Google. Key takeawaysPowered by Yahoo Scout. Yahoo is using AI to generate key points from this article. This means the info may not ...