Viacom Said to Rethink Resistance to $12 Billion Downgrade

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  • Alternatives could include cutting dividend, selling shares
  • Ousted CEO Dauman has proposed sale of 49% Paramount stake

Viacom Weighs Next Move on Debt Position

Viacom Inc. is grappling with a stark choice: standing aside as the ratings drop on its $12 billion in debt -- or taking dramatic steps like cutting its dividend or selling off assets.

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