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  • ASSOCIATED PRESS

    CBS and Viacom agree to sign $30 billion merger deal

    by 
    Christine Fisher
    Christine Fisher
    08.13.2019

    CBS and Viacom have reached a long-rumored merger agreement. The two companies announced today that they will reunite as ViacomCBS. According to The Wall Street Journal, CBS and Viacom hope that, together, they'll be better positioned to fight against cable TV competition and streaming services.