CBS, Viacom Reach Working Agreement on Combined Company's Leadership Team

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Breaking: CBS and Viacom reached a tentative deal on a team to lead a combined company, people familiar with the matter say, resolving a key roadblock to a merger

Representatives of CBS Corp. and Viacom Inc. have reached a working agreement on the management team that would lead the combined company in the event of a merger, people familiar with the matter said, resolving a critical question that threatened to stand in the way of a deal.

Joe Ianniello, the acting chief executive of CBS Corp., would be offered a job overseeing all of CBS’s branded assets at the combined company under the working agreement, the people said.

 

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Break them all up . Period Corporate America Autocratic gov don't work and really don't work with. TwoFaceForkTougue.

yashar I thought for years they already were. 🤷‍♀️. Shows what I know.

yashar KD_Bowens

Another merger

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Source: Variety - 🏆 108. / 63 Read more »