(Reuters) - Sumner Redstone's holding company National Amusements Inc's decision to abandon a merger of its prized media assets, CBS Corp and Viacom Inc, leaves them under pressure to buy or partner ...

Paramount Global disclosed on Friday that it will pay $122.5 million to settle lawsuits from Viacom shareholders arising from the company’s merger with CBS. In a securities filing, the company ...

A CBS-Viacom reunion is officially back on the table. The boards of the two companies said Thursday that they are evaluating "a potential combination." Other WRAL Top Stories Make that a ...

Redstones Scrap All Plans for Viacom, CBS Merger The Wall Street Journal's Keach Hagey and Amol Sharma join Steve Perlberg to break down what's behind Viacom's latest move to drop all plans to merge ...

Paramount Global said Friday that, pending court approval, it will receive $167.5 million in settlement of a suit by shareholders of the former CBS Corp. against some of the broadcaster's former ...

Shares in Viacom and CBS jumped Friday after a report that the sibling media companies might be reunited once again. Shares in Viacom and CBS jumped Friday after a report that the media companies ...

CBS is suing National Amusements, the media company’s majority shareholder, alleging that it is violating its fiduciary duty to investors by pushing for a merger with Viacom. The suit, filed Monday in ...

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“What I felt is if we were to do a merger at that time, the momentum that had built so quickly so strongly would have been squashed,” Shari Redstone said of calling off the proposed merger between ...