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Anaysis: Redstone weighs CBS-Viacom merger with or without Moonves

Reuters  |  NEW YORK 

By Jessica ToonkelNEW YORK (Reuters) - As she seeks to combine CBS Corp and Viacom Inc into a single company, media mogul Shari Redstone risks losing her most talented executive, whose leadership could be critical to ensuring the proposed merger succeeds.Such is the difficulty facing Redstone. Her long-time friend and business ally, powerful CBS chief executive Les Moonves, has emerged as one of the biggest obstacles to a potential CBS-Viacom tie-up, according to people familiar with the matter. Concerns are that his objections could either doom the transaction or that he might not lead the ...

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First Published: Wed, April 11 2018. 10:35 IST