Shari Redstone attempts to ignite merger talks as CBS, Viacom stock surges
8 years agoCBS Corp. stock surged Friday on strong earnings and speculation that controlling shareholder Shari Redstone had offered a compromise to try to nudge along the stalled merger talks with Viacom Inc.
CBS rose 9% to $53.17 a share on Friday after the company reported record revenue in the first quarte..