Media powerhouses CBS and Viacom reach merger deal

almost 6 years in NY Post

CBS finally put a ring on it. CBS and Viacom, which are owned by Sumner Redstone’s National Amusements, said they plan to merge, forming a larger media company run by Viacom boss Bob Bakish, who will grab the reins as president and CEO. Joseph Ianniello, CBS current acting CEO, will continue to run the CBS’...

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