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RSS FeedsCBS, Viacom stocks rally on rumors of possible merger talks
(New York Post Business)

 
 

13 january 2018 04:15:19

 
CBS, Viacom stocks rally on rumors of possible merger talks
(New York Post Business)
 


CBS and Viacom shares jumped Friday as rumors swirled that the formerly joined media giants had re-entered merger talks. Both companies are controlled by the Redstone family - which split them in two in 2006 to maximize their value. While CBS, led by Chief Executive Les Moonves, has prospered, Viacom has struggled mightily - sparking...


 
36 viewsCategory: Business
 
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