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CNBC: Viacom, CBS chiefs met to discuss re-merger

Feb. 14, 2018 9:46 AM ETViacom Inc. (VIA-OLD) StockVIA-OLD, VIAB, PARABy: Jason Aycock, SA News Editor4 Comments
  • 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.

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