CBS and Viacom

Discussion in 'Wall St. News' started by dealmaker, Aug 13, 2019.

  1. dealmaker

    dealmaker

    CBS and Viacom


    CBS and Viacom are reportedly on the cusp of announcing they're getting back together. According to the Wall Street Journal, the stock exchange ratio for the deal will be roughly 0.59-0.60 CBS share for each Viacom share (and that report sent Viacom's share price down almost 5%.) WSJ
     
    #1     Aug 13, 2019
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  2. GiveMeABreak

    GiveMeABreak

    >> the stock exchange ratio for the deal will be roughly 0.59-0.60 CBS share for each Viacom share

    I assume that's for the holders of Viacom's "B" shares.
    How about the holder's of Viacom's "A" shares ?
    Is it proportionnal ?
     
    #2     Aug 13, 2019
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