CBS Is ‘Not in Active Discussions’ to Re-Merge With Viacom, Les Moonves Says

“We are a standalone public company,” broadcast boss adds. “We are really happy with the hand we are playing”

Les Moonves

CBS and Viacom are “not in active discussions” for a potential reunion, Leslie Moonves said on Thursday, adding, “or anything like that.”

“We are a standalone public company,” the broadcast boss continued. “We’re really happy with the hand we are playing.”

Moonves’ comments took place during the Beverly Hills-based Bank of America-Merrill Lynch 2016 Media, Communications and Entertainment Conference. He’ll take the stage next week at the east coast Goldman Sachs version.

The question comes about amid struggles at Viacom, which recently saw Philippe Dauman stepping down as CEO. Meanwhile, CBS continues to surge. Both publicly traded corporations fall under the National Amusements, Inc.

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