CBS OPEN TO MERGER?

We wonder, as Les Moonves allies melt away on the CBS board and in the corporate suite, what the odds are today that CBS and Viacom eventually do the bidding of majority stockholder Shari Redstone and re-couple?

Certainly with interim chairman and Redstone ally Richard Parsons now running things at Black Rock and six new board members, things seem to be swinging Redstone’s way.

Parsons had a hand in picking those new board members.

The big question at CBS these days is….

“Les who?”

And again, why re-combine two companies you saw fit to separate 13 years ago?

All together now….”Scale”

Big is good in 2018

More News from Friday, September 28, 2018