The … CBS stock closed at $44.62, 8% lower, and Viacom at $26.72, down 8.5%. The all-stock deal is structured as an acquisition of Viacom by CBS. Under terms of the much-anticipated all-stock merger, each Viacom Class A share VIA, -7.56% will convert into 0.59625 Class A shares of CBS cbs and each Viacom Class B share …
On December 12, the deal was called off. Find the latest ViacomCBS Inc. (VIAC) stock quote, history, news and other vital information to help you with your stock trading and investing.
CBS closed Tuesday down 1.3%, or 52 cents, to $39.34. CBS and Viacom have finally agreed to tie the knot. Viacom closed down 1.22%, or 29 cents, to $23.47. After months of rumors—and years of trying—the companies’ boards have reached an agreement on a merger. ViacomCBS Inc. (Nasdaq: VIACA, VIAC) (“ViacomCBS”) today announced the completion of the merger between CBS Corporation and Viacom Inc.
Called ViacomCBS, it … The media companies’ all-stock merger …
CBS and Viacom are in the final stages of negotiating an all-stock merger that values Viacom at a discount to its closing price on Friday, two sources told Reuters. Go to the homepage. Viacom and CBS shares perked up Wednesday, each rising more than 3% in their final day of trading as separate companies. Latest ... leveraging the catalog of programs created by last year’s merger of Viacom and CBS…
The … After closing, CBS shareholders will own approximately 61 percent of the new company, and owners of Viacom … On September 29, 2016, National Amusements sent a letter to Viacom and CBS, encouraging the two companies to merge back into one company. CBS and Viacom are finalizing their merger agreement, negotiating a share exchange ratio between 0.5960 and 0.5965, people familiar with the matter said. View real-time stock prices and stock quotes for a full financial overview. ... Bundled into this grim macroeconomic portrait was the day-after verdict of the market on the Viacom-CBS merger…
CBS and Viacom stock have each dropped about 20% since the merger was announced in August. CBS and Viacom are finalizing their merger agreement, negotiating a share exchange ratio between 0.5960 and 0.5965, people familiar with the matter said..
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