CBS and Viacom to Close Merger on Dec. 4

Posted Monday, November 25, 2019 9:09 am

Staff | Reuters

The all-stock merger of CBS Corp (CBS.N) and Viacom Inc (VIAB.O) is expected to close on Dec. 4, the companies said on Monday.

Shares of the combined company, which would be renamed as ViacomCBS Inc, are expected to start trading on Nasdaq from Dec.5 under the new ticker symbols “VIACA” and “VIAC”, the companies said.

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CBS and Viacom to Close Merger on Dec. 4

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