- The Wall Street Journal•9 hours ago
The boards of Viacom Inc. and CBS Corp. are moving quickly to explore the merger recommended by their controlling shareholder.
- Barrons.com•9 hours ago
CBS stock gained 7.5% this past week and Viacom, 7.3%, after the controlling shareholder for both companies urged a merger. In other words, the answer to the question we posed is most likely “yes.” Viacom (VIAB) is struggling chiefly because young viewers have found a new favorite channel called the Internet. For example, the company’s MTV Video Music awards show in August, featuring performances by Beyoncé and Rihanna, played across 11 of its networks, including Comedy Central and Spike, but still reached 34% fewer viewers than it did last year.
- TheStreet.com•16 hours ago
Four of the five Viacom directors selected to consider a merger with CBS were backed by Sumner and Shari Redstone in an attempted overhaul of the board in June.
Viacom, Inc. (VIA)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Bid||41.00 x 300|
|Ask||49.20 x 100|
|Day's Range||42.41 - 43.10|
|52wk Range||38.61 - 47.17|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||8.24|
|Avg Vol (3m)||79,564|
|Dividend & Yield||0.80 (1.88%)|