- CBS (CBS -0.9%) CEO Les Moonves and his counterpart at Viacom (VIA, VIAB +0.6%), Bob Bakish, met Friday to disucss the potential re-merger of the companies, CNBC reports.
- But while the companies have requested due diligence materials, the special committees each set up to explore the deal haven't met yet.
- Two weeks ago, the two said they had set up committees to explore a deal that's being pushed by Shari Redstone, whose family trust controls both of the companies.