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Viacom Board Approves Separation
Viacom’s board of directors has given the greenlight to the company’s split into two separate entities through a spin-off to shareholders. Both companies will be publicly traded.
Viacom Explores Separation Possibilities
Sumner M. Redstone, Chairman and CEO of Viacom announced that he has been exploring with the Company’s Board of Directors the possible division of its businesses into separate publicly-traded companies.