Here’s What’s Holding Up the Viacom-CBS Merger

Sumner Redstone and his daughter Shari Redstone control around 80% of the shares of both CBS (NYSE: CBS) and Viacom (NASDAQ: VIA) (NASDAQ: VIAB) and they want those media giants to get back together. But just because the controlling shareholders want the two companies to reverse the split they accomplished 10 years ago does not guarantee that it will happen. …read more

Read more here: Here’s What’s Holding Up the Viacom-CBS Merger

Category: CBS, VIA, VIAB

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