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CBS and Viacom Work Through Night to Hammer Out Deal

  • Deal was expected Monday, but now looks to slip to Tuesday
  • Two sides have been negotiating over the exchange ratio
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Deals Report: CBS-Viacom Talks, WeWork IPO Filing
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CBS Corp. and Viacom Inc. are keeping investors waiting.

The media giants were expected to announce a merger as soon as Monday, the culmination of years of on-again, off-again discussions. But the negotiations have dragged on, setting the stage for another day of anticipation.