This is a massive step forward for Redstone, who controls both companies under her father’s National Amusements Inc. holding company and has unsuccessfully attempted to merge the two entities three times since 2016.
Well—this is a big deal all across the board: The newly fused company can now enter the thorny conglomerate playing field alongside the likes of AT&T, Disney, Apple,and slick newcomer WarnerMedia, though it’ll take quite some time for the playing field to be leveled.
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CBS and Viacom negotiating share exchange ratio between 0.5960 and 0.5965 for mergerThe negotiations for the CBS and Viacom merger could finish as soon as Monday, sources say. Government should not allow merger. Mergers are bad for America. Stellate23 Too many mergers and buyouts. The consumer is being squeezed from every angle. Competition is healthy for the economy. Greed and consolidation of power are not. 😳 Such horseshit, if that’s the agreement then the Viacom shareholder is getting screwed.
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