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THR; O3V Television

Parent of CBS and Viacom Approves Merger of the Two Companies and Gives An Expected Close Time

Oct 28, 2019  •  Post A Comment

“National Amusements, the holding company controlled by the [Sumner] Redstone family, has voted to approve the merger of Viacom and CBS,” reports the Hollywood Reporter, adding, “National Amusements controls a majority of CBS and Viacom shares, paving the way for the deal to close.”

The story continues, “Viacom and CBS also said in a statement late Monday that the merger ‘Is now expected to close by early December.’”

THR’s Alex Weprin also writes that “Once the deal closes, CBS will delist its shares from the New York Stock Exchange, with the new company, ViacomCBS, trading on the Nasdaq under the symbols “VIAC” and “VIACA.”

What will the ViacomCBS logo look like? On Aug. 19th a company called O3V Television posted on YouTube this version of what they think the new logo might look like.

One Comment

  1. CBS Viacom would be a better name, that more people would recognize, than Viacom CBS. More people are familiar with CBS, that they are of Viacom.

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