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In March of 1994, Viacom bought 61.7 million shares in Paramount to take control of the company, in a deal valued at between $9.5 billion and $10.1 billion by Variety at the time. It beat out home ...
Because they were once part of one media company that was split into two, the newly reunited CBS and Viacom's assets fit together with little overlap. That little overlap includes TV production ...
When Viacom and CBS rejoined the last time, following Viacom's 1999 acquisition of CBS, the reunion brought together two TV studios, the Viacom-owned Paramount Network Television, a major supplier ...
Paramount to Receive $167.5M to Settle Shareholder Suit Tied to CBS-Viacom Merger. The settlement comes a month after the company agreed to pay $122.5M in another suit related to the merger.
ViacomCBS announced Tuesday that the company will become known as Paramount. "Effective February 16, we'll be bringing together our leading portfolio of premium entertainment properties under a ...
Viacom Inc. Chief Executive Bob Bakish is streamlining his team by identifying key executives who will oversee the various TV networks and film properties after Viacom’s upcoming merger with CBS ...
Paramount Global has agreed to a $167.5 million settlement of investors’ lawsuits over the controversial 2019 merger of CBS Corp. and Viacom Inc. Fox Business Personal Finance ...
Paramount has used a mountain logo since 1914, and as the company expanded to become a media giant that owned properties like CBS, MTV, and Nickelodeon, it became one of the most well-known brands ...
Viacom and CBS reunion might be just the first step into a new frontier, as the two companies seek to recover from Sumner Redstone’s impulsive decision to split them up 13 years ago in a very ...
After years of on-again, off-again merger talks, broadcast giant CBS Corp. and its corporate sibling Viacom Inc. finally agreed Tuesday to reunite in a $12 billion deal that will bring together ...
Paramount Global will pay $122.5 million to settle a lawsuit claiming the 2019 CBS-Viacom merger was unfair to shareholders, the company said in a filing Friday. The settlement is still subject to ...
Paramount Will Pay $122.5M to Settle CBS-Viacom Merger Lawsuit Shareholders brought the suit in 2019, alleging that CBS overpaid for Viacom, at the urging of Shari Redstone. By Alex Weprin ...
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