CBS-Viacom merger a 'foregone conclusion' in 2019, analyst says

A potential reconciliation between CBS and Viacom has produced a tumultuous “Will They or Won’t They” narrative over the past few years. But at this point, industry analyst Michael Nathanson believes the merger is a “foregone conclusion.” MoffettNathanson said in a research report that CBS’ stock is being negatively impacted by both the loss of CEO Les Moonves and Viacom deal overhang. But by recombining CBS and Viacom, both companies could address several potential problems.
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