You are here: Home » Reuters » News
Business Standard

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 ...

This article is no longer available in our repository.

There could be multiple reasons for this.

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