- A re-merger of CBS and Viacom (VIA -0.5%, VIAB -0.3%) could be set by Thanksgiving -- or so Viacom shareholders believe, the New York Post reports.
- Some of those shareholders are holding out hope for something extra beyond an at-the-market all-stock deal, the paper says -- perhaps Dalian Wanda Group with a check for Paramount Pictures (even if that's just financing help on its slate).
- “Perhaps there is a contingent consideration — maybe Viacom shareholders are given an opportunity to get a future payout if targets are met,” a source told the Post.
- With interim CEO Tom Dooley leaving next month, a leading candidate to take over Viacom is Bob Bakish, the president of Viacom International, though depending on the source, there are a number of "leading candidates."
- Previously: Bloomberg: CBS nears hiring of Goldman, JPMorgan on possible Viacom deal (Oct. 14 2016)
- Previously: Viacom confirms MS, Allen, LionTree advising on potential CBS deal (Oct. 14 2016)