ViacomCBS (VIAC) on Watch on Chatter

October 8, 2020 11:31 AM EDT
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Price: $40.99 +0.29%

Rating Summary:
    10 Buy, 11 Hold, 5 Sell

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    Up: 18 | Down: 12 | New: 23
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ViacomCBS (NASDAQ: VIAC) is on watch on activist speculation. Having sniffed out Sachem Head's recent activism in Elanco via a 13F filed by investment bank UBS in July, Gordon Haskett analyst Don Bilson highlights that Credit Suisse bought 12.8 million shares of ViacomCBS in Q2 which could have been for an activist speculating that Sumner Redstone's death could open up the sale of Paramount or the entire company. Mr. Redstone passed away on August 11th.

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