Viacom rejects a merger with CBS – Drama kings

NOTHING is ever easy at Sumner Redstone’s media empire. For two months the boards of CBS and Viacom, two entertainment companies controlled by the Redstone family, have explored a possible combination, something long wished for by Shari Redstone, the ailing media mogul’s daughter and anointed deputy.
— Read on www.economist.com/news/business/21739987-rising-tensions-time-media-consolidation-viacom-rejects-merger-cbs