CBS Plans Viacom Bid In Renewed Merger Push

The Wall Street Journal reports CBS is preparing to make an offer for sister media company Viacom in the coming weeks, following a meeting of CBS directors last week in which a potential deal was discussed. If the companies move ahead with talks, it would be a third attempt to reunite the $30 billion media empire that was divided by mogul Sumner Redstone more than 13 years ago. Journal subscribers can read the full story here.

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