Media giants Viacom and CBS to merge in latest mega-deal
Entertainment giants CBS and Viacom are to merge in the latest media mega-deal as broadcasters adapt to changing consumer demands.
The deal would reunite the two firms, which were previously under the same corporate umbrella until a 2006 split. The merged firm, to be called ViacomCBS, would be controlled by National Amusements, the holding company owned by billionaire Sumner Redstone and his daughter, Shari.
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