Viacom and CBS reunite in $12 billion deal, but challenges abound
After three attempts, corporate siblings Viacom Inc. and CBS Corp. soon will be back together as one family called ViacomCBS. The $25 billion merger is expected to be complete after markets close on Wednesday. But the newly christened company will face stiff headwinds as it scrambles to keep up with larger players, including Walt Disney, NBCUniversal, Netflix, WarnerMedia and Amazon.com
Viacom and CBS reunite in $12 billion deal, but challenges abound
After three attempts, corporate siblings Viacom Inc. and CBS Corp. soon will be back together as one family called ViacomCBS. The $25 billion merger is expected to be complete after markets close on Wednesday. But the newly christened company will face stiff headwinds as it scrambles to keep up with larger players, including Walt Disney, NBCUniversal, Netflix, WarnerMedia and Amazon.com