KM Financial Solutions | UPDATE 1-Viacom asks CBS to raise its bid by $2.8 billion -sources
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UPDATE 1-Viacom asks CBS to raise its bid by $2.8 billion -sources

UPDATE 1-Viacom asks CBS to raise its bid by $2.8 billion -sources

April 9 (Reuters) – Viacom Inc has asked CBS Corp
to sweeten its merger bid by about $2.8 billion or
almost a quarter more than CBS’s offer, people familiar with the
matter said, indicating the wide gap in the U.S. media firms’
price expectations.

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