UPDATE: Viacom (VIAB), CBS (CBS) to Form Special Committees to Review Possible Merger - DJ

September 30, 2016 1:35 PM EDT

Get daily under-the-radar research with StreetInsider.com's Stealth Growth Insider Get your 2-Wk Free Trial here.
(Updated - September 30, 2016 1:45 PM EDT)

Viacom (NASDAQ: VIAB) is forming a special committee to explore a potential merger with CBS Corp. (NYSE: CBS), according to Dow Jones sources. CBS's board is forming a special committee, the report said. Yesterday majority owner National Amusements asked the boards to consider a potential combination.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Mergers and Acquisitions, Rumors

Related Entities

Definitive Agreement

Add Your Comment