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Communications Services up Amid Deal Activity -- Communications Services Roundup

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08/13/2019 | 05:01pm EDT

Communications services companies rose amid deal activity.

Viacom and CBS confirmed that the media companies built by magnate Sumner Redstone will merge in a deal that will create a diversified $30 billion visual entertainment giant, better equipped to compete with rivals such as Walt Disney.

Write to Rob Curran at rob.curran@dowjones.com

Stocks mentioned in the article
ChangeLast1st jan.
VIACOM -1.37% 25.87 Delayed Quote.2.06%
WALT DISNEY COMPANY (THE) 0.24% 136.08 Delayed Quote.23.81%
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