Moonves eyes CBS buy-out
CBS Corp.’s CEO Les Moonves has been linked with a buy-out of the US broadcaster, a move that could head off a potential merger with Viacom. CBS and Viacom are both owned by 91-year-old Sumner Redstone and his National Amusement Inc. vehicle. The New York Post reported Moonves wants to take control of that shareholding. Viacom’s […]