CBS/Viacom Merger News Expected Later Today
While news of a CBS/Viacom merger did not arrive as expected last Thursday, news of a deal is still expected imminently.
Charlie Gasparino of Fox Business tweeted on Friday, “SCOOP: Boards of @CBS @Viacom working on a MONDAY announcement for merger, according to sources close to matter. BUT sources say timing could slip as it often does w such deals, though both cos want this over to go on vacation. Shld know by Sunday night, they say.”
Sadly for all of us, when Fox Business reached out, “Press officials for CBS and Viacom declined to comment.”
Tune in tomorrow for the thrilling conclusion. Maybe.
Alison Pitt - Admin