Viacom, CBS Shares Rise On Their Final Day As Long-Awaited Merger Takes Effect squib

Viacom and CBS shares perked up Wednesday, each rising more than 3% in their final day of trading as separate companies. The media companies’ all-stock merger took effect after the closing bell. Shares in ViacomCBS will begin trading Thursday morning on the Nasdaq. CBS stock closed at $40.68 on nearly triple its average trading volume. […]
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