Post Profile






National Amusements Prepares Call For Viacom-CBS Merger: Report

Viacom shares just spiked 2.0% after Reuters reported that Sumner Redstone’s National Amusements is about to call for Viacom and CBS to explore a merger. The exhibition company, which owns 80% of the voting shares at the two media powers, will ask their boards to form independent committees to consider the advantages of a deal. That call could come this week, the news service says citing “two people familiar with the matter.
read more

share

Related Posts


National Amusements Says Viacom Plans Don’t Change “Adverse Trends”

Industries / Entertainment Industry : Deadline Hollywood

Viacom’s better-than-projected June quarter earnings didn’t soften the resolve of Sumner Redstone’s National Amusements (NAI) to oust CEO Philippe Dauman. The exhibition chain, which owns 80% of Viacom’s voting shares, says in a len...

Redstone's National Amusements seeks new Viacom board members: reports

Business & Finance : Business Insider: Clusterstock

(Reuters) - Sumner Redstone's National Amusements Inc, which holds 80 percent of Viacom voting shares, has started looking for potential board members for Viacom, the Wall Street Journal reported, citing people familiar with the mat...

Sumner Redstone’s Company Formally Proposes Viacom-CBS Corp. Merger

Media / Television Industry : TVWeek

Sumner Redstone’s National Amusements, which controls both Viacom and CBS Corp., has formally asked the boards of both companies to consider an all-stock merger proposal, Variety reports. National Amusements made the request in a le...

CBS-Viacom merger may be closer to reality, thanks to Redstones and National Amusements

Industries / Entertainment Industry : Company Town

The oft-foretold reunification of CBS Corp. and Viacom Inc. may be moving closer to reality.  National Amusements Inc., the theater chain operator and investment vehicle of media mogul Sumner Redstone, is preparing to call on the tw...

Report: Parent Company of Viacom and CBS Corp. Will Call for a Merger of the Two Companies

Media / Television Industry : TVWeek

Media giants Viacom Inc. and CBS Corp., which split off from each other 10 years ago, may be headed for a reunion. Reuters is reporting that Sumner Redstone’s National Amusements Inc., which controls both companies, is poised to cal...

Comments


Copyright © 2016 Regator, LLC