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The rumors floating around all year that CBS Corp. and Viacom might recombine 10 years after they split apart are no longer just rumors: National Amusements has sent a letter to both boards, asking them to consider a merger in what would be an all-stock deal.
National Amusements, which owns 80 percent of the voting shares of both Viacom and CBS, also said it won't accept or support a third party acquiring either company, nor any deal under which it would not control the merged company.
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