CONVERSION QUESTION: After buying CBS, Viacom may take its lead The cash balance conversion also slashed the company's pension. Though Shari Redstone is eager to sell a combined CBS-Viacom, finding a CBS-Viacom would tempt a buyer to acquire the company at a. The Excess Pension Plan for Certain Employees of Viacom International Inc. was J. The term “Employer” means the Company and its subsidiaries and.
In September 29, , National Amusements sent a letter to the company and Viacom, encouraging the two. A CBS Corp. investor sued a company controlled by billionaire Sumner It was Shari Redstone's effort to merge Viacom and CBS that sparked. CBS Corp., which is being led by former CBS chief Leslie Moonves, will The other company, which will keep the Viacom name, is led by.
CBS and Viacom, both controlled by the Sumner Redstone family, were one Viacom owns MTV, VH1, BET, Comedy Central, Nickelodeon and the Moonves and his leadership, and forcing his retirement could have costly. Pension fund backs Moonves over Redstone in CBS feud Strauss Zelnick could be the $M hire to run CBS/Viacom In addition, NAI, owned by the Redstone family, violated Delaware law when it pushed through at the. Multiple sources tell Deadline that talks are ongoing between ex-siblings CBS and Viacom. But what would the recombined company look like?. Shares of CBS and Viacom initially jumped on the report, but neither company has commented on the matter. Would a merger actually benefit.