ViacomCBS Chief Aims for 'Disciplined' Post-Merger M&A Strategy

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'We just did our transformational deal, there is no other deal in the market or that we see that we feel we have to do,' CEO Bob Bakish said Tuesday.

"We just did our transformational deal, there is no other deal in the market or that we see that we feel we have to do," CEO Bob Bakish said Tuesday.

“We just did our transformational deal, there is no other deal in the market or that we see that we feel we have to do,” Bakish said at Goldman Sachs’ Communacopia conference in New York Tuesday. “As we think about how we spend our cash, highest and best use is to invest it back in our business,” Spade said, adding that delevering and share repurchases are also on the table. ViacomCBS will be “highly disciplined and deliberate about how we do M&A,” she added.

 

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