Viacom Inc Chief Executive Bob Bakish along with also CBS Corp CEO Leslie Moonves have had an exploratory discussion about merging the two companies, sources familiar with the situation told Reuters on Thursday.
The discussion signifies a potential first step toward a recombination of CBS along with also Viacom. The boards of both companies have regularly scheduled meetings inside next couple of weeks along with also are required to discuss the potential merger, the sources said.
The discussion, which took place earlier This kind of month, was preliminary along with also no decisions have been made, although they signal of which Moonves, who has had reservations about a potential deal between the companies, could be more open to the idea.
The sources wished to remain anonymous because they are not permitted to speak to the media. Viacom along with also CBS declined to comment. A spokeswoman for Shari Redstone did not immediately return calls.