Viacom is sliding after a report that merger talks with CBS could get ‘serious’ next week (VIAB)
|06/14/2019||Posted by BusinessMediaguide.Com under General World News||
- Shares of Viacom slipped as much as 2% on Friday morning after a report said merger talks with CBS could advance next week.
- The CBS board is reportedly worried about Viacom’s management team leading the combined company.
- The two companies first starting discussing a merger in mid-April.
- Watch Viacom trade live.
Viacom Class B shares slipped as much as 2% in early-morning trading amid the news. CBS shares fell about 1%.
CBS’s board is scheduled to meet on Friday and read more >>>