CBS Set to Hire Goldman, JPM as It Explores Viacom Merger

  • CBS management hires separate banks from special committee
  • Viacom management not hiring a bank as leadership is in flux

CBS Corp. is close to hiring Goldman Sachs Group Inc. and JPMorgan Chase & Co. to advise Chief Executive Officer Les Moonves and the management team as it explores a potential merger with Viacom Inc., people with knowledge of the matter said.

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