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Barron's said CBS Corp's shares could largely benefit from the deal with Viacom, saying its stock could jump 30 percent in the next year, double in the next three or do even better
Viacom, an American media conglomerate, appears to be tidying itself up for a sale and CBS will likely be the top buyer, Barron's said in its report.
Barron's said if Chief Executive Leslie Moonves of CBS makes a run at Viacom, he would have considerable leverage over the terms of a deal because CBS' growth prospects are as bright as Viacom's are dreary.
