viacom stock split

The company’s content scale will support a robust streaming strategy, including ViacomCBS’s own suite of advertising and subscription-based offerings. The leading global brands in entertainment, We tell rich stories that are highly relevant to our audiences. Justin Dini,

(212) 846-5208 Former girlfriend Herzer sues Sumner Redstone, seeking to be reinstated as his health-care guardian and putting a spotlight on the nonagenarian’s diminished mental capacity. ViacomCBS Class A and Class B shares will begin trading on the Nasdaq Global Select Market on December 5, 2019 under the ticker symbols “VIACA” and “VIAC”, respectively. adjusted to account for any stock splits and/or dividends which may have The aging Redstone steps down as chairman of CBS and Viacom. Through the strength and scale of these assets, ViacomCBS will be well-equipped to maximize the value of its content for its own platforms and for others, as it meets the growing global demand for third-party premium content. These risks, uncertainties and other factors include, among others: following the recently completed merger, the CBS and Viacom businesses may not be integrated successfully or such integration may be more difficult, time consuming or costly than expected and may not achieve anticipated synergies; operating costs, customer loss and business disruption, including difficulties in maintaining relationships with employees, customers, suppliers or vendors may be greater than anticipated as a result of the merger; the potential impact of unforeseen liabilities, future capital expenditures, expenses or failure to achieve anticipated revenues, costs savings, earnings and synergies from the merger on our financial condition and the management, expansion and growth of our business; litigation related to the merger; potential adverse reactions or changes to business relationships resulting from the merger; the ability to retain and hire key personnel and the uncertainties associated with leadership changes; the risk that the market price for ViacomCBS common stock may be affected by the consummation of the merger and factors different from those that have historically affected CBS and Viacom common stock; the anticipated tax treatment of the merger may not be obtained; risks associated with third-party contracts containing consent and/or other provisions that may be triggered by the merger; and other risks, uncertainties and factors described in our news releases and filings and Viacom’s and CBS’ filings with the Securities and Exchange Commission, including but not limited to Viacom’s Form 10-K for the fiscal year ended September 30, 2019, CBS’ Form 10-K for the fiscal year ended December 31, 2018 and their respective reports on Form 10-Q and Form 8-K subsequent to the filing of their annual reports on Form 10-K.

Of course, CBS and Viacom's recent merger presents some short-term challenges. Includes date and ratio. In settlement of litigation with CBS, the Redstones agree not to initiate a merger with Viacom for two years. Free forex prices, toplists, indices and lots more. Ultimately, CBS proved to be the better investment. ViacomCBS (NASDAQ: VIAC; VIACA) is a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Radar Online releases salacious voice-mail recordings of Sumner Redstone discussing possible sexual exploits with a former girlfriend. Anthony.DiClemente@viacbs.com. He merges it with another family holding, Viacom, the parent company of MTV and Nickelodeon.

See ViacomCBS Inc. (VIACA) history of stock splits. In 1987, he gained control of Viacom Inc., formerly part of CBS. Leslie Moonves, the longtime CEO of CBS, faces accusations of sexual misconduct, one of a number of high-profile executives in media and entertainment who allegedly used their positions to demand sexual favors. The Split Adjustment Factor is a In addition to offering innovative streaming services and digital video products, ViacomCBS provides powerful capabilities in production, distribution and advertising solutions for partners on five continents. Sumner Redstone and his daughter Shari, along with their lieutenants, have fought for years over one of the nation’s biggest media empires. The elder Redstone, who ran the family’s National Amusements theater chain, began investing in media stocks in the 1970s. Anthony DiClemente, U.K.’s Rishi Sunak Hits Back at Suggestion Eat Out Scheme Sp... Aviation Outsider Builds Supersonic Jet for Transatlantic Fl... Insect Farm Lures Robert Downey Jr. in $224 Million Fundrais... Before it's here, it's on the Bloomberg Terminal. ViacomCBS will have an attractive growth outlook, be positioned to deliver beneficial cost and revenue synergies and generate substantial free cash flow. (212) 846-2724 All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934. NEW YORK--(BUSINESS WIRE)--ViacomCBS Inc. (Nasdaq: VIACA, VIAC) (“ViacomCBS”) today announced the completion of the merger between CBS Corporation and Viacom Inc. In addition, the company’s broad reach, extensive intellectual property portfolio and expertise in advanced marketing solutions will enable it to strengthen its partnerships with distributors and advertisers globally.

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