29-09-2016 22:26 via news.yahoo.com

CBS, Viacom reunion could lift both after media upheaval

LOS ANGELES/NEW YORK (Reuters) - Eleven years ago, media mogul Sumner Redstone declared "the age of the conglomerate is over" as he prepared to split old-school broadcaster CBS from the fast-growing Viacom Inc cable networks and the Paramount film studio. Now, the Redstone family's National Amusements, the controlling shareholder of Viacom and CBS Corp , wants the companies to consider stitching the pieces back together.
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