ViacomCBS announced the completion of the merger between CBS Corporation and Viacom Inc. The combined company, which is renamed ViacomCBS, creates a premium content powerhouse with global scale, including leadership positions in markets across the U.S., Europe, Latin America and Asia. ‘This is a historic moment that brings together two iconic companies to form one [...]
Viacom and CBS announced today that they will complete their merger on December 4th, under which they will operate as a single company, which will be called ‘ViacomCBS’. This way, both companies are following the announcement made at the end of October, when they indicated that the merger would take place ‘on early December’. The [...]
After a long negotiation process and having announced a merger agreement last August, CBS and Viacom now plan to merge as soon as ‘early December’. The two companies, which will be known as BiacomCBS Inc. once the deal is complete, said the pact had secured the approval of National Amusements Inc., that holds the majority [...]
Viacom and CBS today announced they have entered into a definitive agreement to combine in an all-stock merger, creating a combined company with more than USD 28 billion in revenue. The new company will be led by Bob Bakish as President and CEO. The transaction is subject to regulatory approvals and other customary closing conditions. [...]