News Formal

CBS-Viacom merger is more whimper than Big Bang

  • 📰 Breakingviews
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

CBS and Viacom have agreed to a $30 billion reunion. For now, the long-awaited merger is more of a whimper than a Big Bang, writes jennifersaba.

CBS and Viacom on Aug. 13 said they had agreed to merge in an all-stock transaction worth $30 billion based on the closing share prices of both companies on Aug. 12.

Viacom Class A shares and Class B shares will convert into 0.59625 of CBS Class A shares and Class B shares, respectively. Existing CBS shareholders will own 61% of the company, to be known as ViacomCBS, while existing Viacom shareholders will own 39%. National Amusements, the investment vehicle owned by the Redstone family, holds nearly 80% of the voting Class A shares of each company. Class B shareholders do not get a vote.

Bob Bakish, the chief executive of Viacom, will become CEO of ViacomCBS while CBS interim chief executive Joe Ianniello will serve as chairman and CEO of the CBS business. Shari Redstone will become chair of the combined company.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 470. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Breakingviews - CBS-Viacom merger is more whimper than Big Bang(Reuters Breakingviews) - CBS and Viacom, both controlled by the Redstone family... Meh. This is about the 20th time they've merged with each other.
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »

CBS and Viacom merge to form $30 billion media companyWith streaming video now the leading story, the two companies are fusing their war chests to better compete for viewers. Yay!! Bigger Better B-S!! God I hope I don’t have to see BBT on Comedy Central, I’ll die. It's basically a 2nd marriage.
출처: NBCNews - 🏆 10. / 86 더 많은 것을 읽으십시오 »