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CBS and Viacom, Long Split, May Be Told to Consider Reuniting

Sumner Redstone’s holding company, which controls the two media giants, is said to be sending letters instructing the companies to consider a merger.
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Sumner Redstone says his ownership of CBS, Viacom will go to trustees after death

United States / New York : Crain's New York Business

Sumner Redstone, the controlling shareholder of CBS Corp. and Viacom Inc., said his ownership in the two media companies will pass to a seven-member trust after he dies. Mr. Redstone, 91, also said... To view the full story, click t...

Viacom CEO Lays Out Succession Plan, Rips Media for Sumner Redstone Health Speculation

Media / Television Industry : TVWeek

Viacom Chief Executive Philippe Dauman explained the company’s succession plan Monday amid concerns over the health of Sumner Redstone, the 92-year-old controlling shareholder in both Viacom and CBS Corp. The Los Angeles Times repor...

As Sumner Redstone And Viacom Board Near Settlement Ousting CEO, What's Next For The Media Giant?

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A settlement is imminent in the long struggle for control over billionaire Sumner Redstone's Viacom, but the future of the company's fortunes is far from clear.

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...

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

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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...


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