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Its Happening, National Amusements, The Parent Company of Both CBS and Viacom Is Said to Be Exploring Putting The Companies Back Together

If reports are correct, Shari Redstone, the daughter of media titan Sumner Redstone and the defacto boss of Viacom is getting her wish. According to reports, National Amusements which controls bot CBS and Viacom is working on a deal to put the two companies back together. News of the plans are already pushing Viacom's stock up. CBS CEO Les Moonves who would no doubt be installed as the CEO of the new company has been skeptical of a merger. It was only two weeks ago that he shot down rumors that there were ongoing talks about putting the companies back together.

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Its Happening, National Amusements, The Parent Company of Both CBS and Viacom Is Said to Be Exploring Putting The Companies Back Together Reviewed by Editor on Wednesday, September 28, 2016 Rating: 5
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