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The Ugly Details in CBS’s and Viacom’s Latest Merger Filing

CBS and Viacom had news that Wall Street didn’t like—on page 117 of a 793-page document offering details about the companies’ merger. Management expects the combined company to produce less profit and lower cash flows than Wall Street anticipated. Read More...

CBS and Viacom had news that Wall Street didn’t like—on page 117 of a 793-page document offering details about the companies’ merger. Management expects the combined company to produce less profit and lower cash flows than Wall Street anticipated.

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