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Jun 19, 2024 · MARCH 11, 1994: Viacom acquires control of Paramount Communications for about $10 billion . SEPT. 7, 1999: Viacom announces deal to acquire CBS Corp. for $35 billion
Jun 19, 2024 · In 2019, when Shari Redstone prevailed in a long campaign to reunite Viacom and CBS, the re-merged company was valued at $30 billion. ... Viacom was sitting there just buying back stock and not ...
Jun 11, 2024 · After the longest flirtation with Paramount Global, this initial bidder, led by CEO and founder David Ellison, may be seeing its chances of buying the company coming to an end.
- Savannah Salazar
- Contributor
Jun 3, 2024 · Shares are worth about one-third what they were in 2019 after Redstone’s long-planned reunion of Viacom and CBS finally became reality.
2 days ago · Actually, the Paramount epic is quite simple. When CBS and Viacom merged five years ago to form Paramount Global, the combined company was worth around $30 billion. Had Shari Redstone sold her controlling interest back then, her family would have done quite well.
Jun 19, 2024 · A number of other units, especially digital outfits acquired by CBS Interactive before the reunion with Viacom, could be shaken loose depending on their assessed value.
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Jun 7, 2024 · In 1987, Sumner Redstone was a little-known but audacious movie theater operator in Boston when he bought Viacom, the owner of a group of TV and radio stations along with MTV, Nickelodeon and...
