The boards of Viacom and CBS have probably completed the final details on their long-awaited merger.

The Dark Pool activity on Friday, August 9, 2019, in the after-hours market seems to suggest that huge blocks of Viacom stock are being moved.

Dark pool activity kicked into overdrive in Viacom stock after the market closed on Friday, August 9, 2019. I think this suggests the deal with CBS is finally complete and we’ll get news of the merger sometime next week, possibly even on Monday, August 12, 2019.

Rumor is that the new company would either be called CBS-Viacom or Viacom-CBS as executives study various branding strategies.

Viacom CBS Merge In the News