Los Angeles Times
Viacom and CBS reunite in $12 billion deal, but challenges abound
Long known as the squabbling siblings of media, CBS Corp and Viacom Inc are poised to finally reunite after 13 years apart. The much-anticipated corporate union, which will be called ViacomCBS Inc. and be valued at about $25 billion, is set to conclude Dec 4 after the markets close. The Viacom name gets top billing even though CBS is more valuable.