While the all-cash deal could potentially downgrade Viacom’s investment grade rating, which is already at the lowest level, it can also act as a cost saving measure and give it more headroom during negotiations with cable and satellite providers. According… Read More ›
Bob Bakish
Viacom’s shares have the potential to rise by 40% by next year: Barron’s
Currently the Viacom’s shares are trading at $43 per share, down by 39% over the last two years. Barron’s has predicted that Viacom’s shares could appreciate by as much as 40% by next year with its new CEO, Bob Bakish,… Read More ›