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CBS Corp and Viacom Inc to Combine - Conference Call Transcript

Aug 13, 2019 / 08:30PM GMT

Release Date Price: $48.04 (-5.47%)

Transcript 10-Q8-K

Operator

Good day, everyone, and welcome to the ViacomCBS conference call. Today's call is being recorded. At this time, I would like to turn the call over to Senior Vice President of Investor Relations and Treasurer, Mr. Jim Bombassei. Please go ahead, sir.

James Bombassei

Viacom Inc. - SVP of IR & Treasurer

Good afternoon, everyone. Thank you for taking the time to join us to discuss the joint announcement by CBS and Viacom with definitive agreement to combine in an all-stock merger. I'm joined today by Bob Bakish, President and CEO of Viacom; Joe Ianniello, President and acting CEO of CBS Corporation; Chris Spade, EVP and CFO of CBS; and Anthony DiClemente, EVP of CBS Investor Relations.

This [afternoon] (corrected by company after the call), CBS and Viacom issued a joint press release announcing the merger agreement, and that press release is available on CBS and Viacom's respective websites. A slide presentation with detail on the merger is also available on each company's website. We will begin today with remarks from Bob, Joe and Chris. After which,

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