Viacom Inc (VIA.OQ)
21 May 2018
Former MGM Holdings Inc Chief Executive Officer Gary Barber, who was ousted earlier this year, is speaking to investment banks about financing an offer to acquire the privately held U.S. movie studio, five people familiar with the matter said on Monday.
* DECLARED A QUARTERLY CASH DIVIDEND OF $0.20 PER SHARE ON BOTH ITS CLASS A AND CLASS B COMMON STOCK Source text for Eikon: Further company coverage:
May 17 CBS Corp’s board on Thursday voted to end Shari Redstone’s control of the media company, but the move will not take effect unless a Delaware judge sides with CBS in its litigation to stop a potential merger with Viacom Inc .
BRIEF-National Amusements Says No Intention Of Forcing Merger That Is Not Supported By Both CBS, Viacom
* NATIONAL AMUSEMENTS SAYS HAS NO INTENTION OF FORCING A MERGER THAT IS NOT SUPPORTED BY BOTH CBS AND VIACOM
May 16 A Delaware judge on Wednesday essentially called a time out in the escalating feud between the board of CBS Corp and its controlling shareholder National Amusements Inc, owned by the Redstone family, which wants to merge it with Viacom Inc.
* PAULSON & CO UPS SHARE STAKE IN VIACOM TO 2.6 MILLION CLASS B SHARES FROM 1 MILLION CLASS B SHARES - SEC FILING
May 14 CBS Corp filed a lawsuit on Monday to reduce the voting power of controlling shareholder National Amusements Inc, the movie theater company owned by Sumner and Shari Redstone, in an act of defiance aimed at thwarting the Redstones' plan to merge CBS with Viacom Inc .
May 14 CBS Corp on Monday asked a court to block controlling shareholder Shari Redstone from interfering at a special meeting of its board called to consider a merger with Viacom.
Shari Redstone, the media heiress whose family controls CBS Corp and Viacom Inc , has offered CBS CEO Leslie Moonves to drop her demands for Viacom CEO Bob Bakish to be his No. 2 following a merger, as long as Bakish sits on the combined company's board, people familiar with the matter said on Friday.
May 3 CBS Corp, which is in tough merger talks with Viacom Inc, topped revenue and profit estimates on Thursday, helped by healthy ad sales and higher revenue from affiliate and subscription fees.
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