Listen: Viacom, Disney And Charlie Turner discussed on WSJ What's News
"C._b._s. Bs and viacom have agreed to the terms of merger if completed the deal would create a company valued at roughly thirty billion dollars to find out more charlie turner. There has been speaking to ben mullen c._b._s. And viacom have reunited in a merger after sumner redstone had split up the two media giants in two thousand six. This still still seems to be all about size in a bid to compete with companies like disney a._t. And t. netflix companies that have struck their own deals over the years and also it's a bid to compete with streaming tv. Absolutely it seems like the companies have <hes> enough intellectual property. They can hold their own in the coming years. The question is do they need to do even more deals to compete with the likes of netflixing lakes in disney and i think if you talked to a lot of people around the deal they'll tell you. This isn't the end they're looking to do more. This is just the beginning what are terms of the deal is c._b._s. Buying viacom what's the dollar value here in cases like this. Both companies are both sellers and buyers because they're exchanging stock for those financial news out there. The stock exchange ratio is point five nine six two five which means at viacom"