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PostPosted: Tue Aug 13, 2019 5:57 pm 
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Joined: Tue Jul 19, 2011 3:45 am
Posts: 11654
Fucking Big Media Deregulation

(Reuters) - CBS Corp <CBS.N> and Viacom Inc <VIAB.O> agreed to merge on Tuesday, creating a company with more than $28 billion in revenue, as an increasingly competitive media landscape prompted their controlling shareholder to reunify the U.S. entertainment companies 13 years after breaking them up.

Each Viacom Class A voting share and Viacom Class B non-voting share will convert into 0.59625 of a Class A voting share and Class B non-voting share of CBS, respectively, the companies said.

https://finance.yahoo.com/news/cbs-viac ... 52324.html


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PostPosted: Wed Aug 14, 2019 12:50 pm 
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Joined: Thu Jun 09, 2011 1:10 pm
Posts: 19880
Location: The blue parts of the map
Fucking mergers.

> an increasingly competitive media landscape

Not for long.

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