Viacom (VIA) Taps Advisors, Forms Special Committee to Evaluate National Amusements Proposal (CBS)

October 14, 2016 9:01 AM EDT

Get the Pulse of the Market with's Pulse Picks. Get your Free Trial here.

The Special Committee of the Board of Directors of Viacom (Nasdaq: VIAB)((Nasdaq: VIA) announced that it has retained financial advisors in connection with the Special Committee’s evaluation of the request by National Amusements that Viacom explore a potential combination with CBS (NYSE: CBS). The financial advisors are Morgan Stanley, Allen & Company and LionTree LLC.

The Special Committee, which is comprised of six independent Viacom board members, previously engaged Debevoise & Plimpton LLP as its independent legal advisor.

The Special Committee does not intend to comment further unless and until it determines that additional disclosure is appropriate.

Sard Verbinnen & Co.

George Sard/Brandy Bergman

(212) 687-8080

Source: Special Committee of the Board of Directors of Viacom Inc.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Mergers and Acquisitions

Related Entities

Morgan Stanley

Add Your Comment