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Why CBS Stockholders Didn’t Get to Vote on Its Merger With Viacom

CBS considered and then decided not to condition the company’s merger with Viacom on a vote of CBS shareholders other than control shareholder National Amusements. Viacom believed that National Amusements “would not be willing to agree to such a condition in connection with the current proposed transaction.” Read More...

CBS considered and then decided not to condition the company’s merger with Viacom on a vote of CBS shareholders other than control shareholder National Amusements. Viacom believed that National Amusements “would not be willing to agree to such a condition in connection with the current proposed transaction.”

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