Wall Street isn’t sold on a CBS-Viacom merger

The media world may be buzzing about a potential CBS-Viacom merger, but Wall Street isn’t sold on the idea. Despite CBS’s relatively upbeat fourth-quarter results last week, the broadcaster’s stock slipped 2.4 percent on Friday, to $55.39. In fact, shares are down 5.8 percent since they initially popped on Jan. 12 on the first reports......

13 Published By - New York Post - News, Gossip, Entertainment, Sports & Opinion - 2018.02.20. 04:49
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