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CBS and Viacom’s around the clock negotiations could result in merger by the end of the week

CBS and Viacom could be announcing a merger soon after around the clock negotiations over the weekend. According to sources familiar with the talks, the deal's announcement could likely slip to later in this week as the two entities negotiate the exchange ratio for a potential all-stock deal. The merger would combine the most popular U.S. broadcast network and everything that falls under the Paramount studio's umbrella.