UPDATE: Viacom (VIAB) said to hire banks to review capital structure - Bloomberg

September 7, 2016 2:56 PM EDT

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(Updated - September 7, 2016 2:58 PM EDT)

Viacom (NASDAQ: VIAB) is said to have hired banks to review capital structure, according to Bloomberg headlines.

UPDATE - Viacom's board is planning an all-day strategic review next week, sources said.

Morgan Stanley and Liontree were said to have been hired over the short-term.

Shares of Viacom are up 3 percent.

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