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Stock Market & Financial Investment News

News Breaks
May 1, 2014
06:38 EDTVIA, VIABViacom agrees to acquire Channel 5 Broadcasting for $757M
Viacom and Northern & Shell Media Group announced a definitive agreement for the acquisition of Channel 5 Broadcasting Limited by Viacom International Media Networks for approximately $757M. Under the terms of the agreement, Viacom will acquire all brands and assets of Channel 5 Limited, including Channel 5, 5*, 5USA, Milkshake!, and Demand 5. The purchase price of the acquisition will be financed by Viacomís existing cash balances and the transaction is expected to be accretive immediately after closing. The transaction is subject to customary regulatory approvals.
News For VIA;VIAB From The Last 14 Days
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July 1, 2015
13:35 EDTVIA, VIABViacom sees advance ad commitments up 3%-4%, Variety says
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June 24, 2015
06:15 EDTVIAAlibaba unit partners with Paramount for 'Mission: Impossible,' Reuters reports
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