Viacom asks CBS to raise its bid by $2.8 billion: sources

By | 09/04/2018

(Reuters) – Viacom Inc has asked CBS Corp to sweeten its merger bid by about $2.8 billion or almost a quarter more than CBS’s offer, people familiar with the matter said, indicating the wide gap in the U.S. media firms’ price expectations.

Link to article: feeds.reuters.com/~r/reuters/businessNews/~3/tG4KZDXTXRg/viacom-asks-cbs-to-raise-its-bid-by-2-8-billion-sources-idUSKBN1HG14K

Category: Business

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