CBS' all-stock offer placed a lower valuation on Viacom than its current market capitalization of about $12.2 billion, according to a person familiar with the matter who was not authorized to discuss it. It was not immediately known how …
Media mergers are becoming increasingly necessary these days, as the landscape for content consumption continues to evolve. The latest headline in the space is the possibility of a merger between CBS Corporation (NYSE:CBS) and …
(Reuters) - CBS Corp (CBS.N) plans to make an all-stock offer for Viacom Inc (VIAB.O) that values the U.S. media company below its current market valuation, people familiar with the matter said on Monday, indicating that tough …
The initial offer to Viacom, which is expected to come within a matter of days, proposes installing CBS Chief Executive Leslie Moonves at the helm of the merged company for at least two years, Reuters reported. It’s unclear where that …
TEWKSBURY (CBS) – A couple from Texas were arrested for allegedly ... a large capacity shotgun and a bump stock. Bradley and Jennings allegedly drove to Massachusetts from Texas with the weapons. They were arraigned on several …
Viacom (NASDAQ:VIAB) -2.4% after-hours following a Reuters report that CBS plans to make an all-stock offer for the company below its current market valuation. CBS CEO Leslie Moonves would propose to stay at the helm for at least …
(Reuters) - CBS Corp plans to make an all-stock offer for Viacom that values the U.S. media company at below its current market valuation, people familiar with the matter said on Monday, indicating tough negotiations lie ahead. As part of its …