In CBS-Viacom Merger, Boutique Investment Banks Will Share Up to $70 Million in Fees

CBS and Viacom primarily relied on boutique investment banks to help put together their long-awaited $11.7 billion merger. Centerview Partners Holdings and Lazard are advising CBS. Viacom’s bankers are LionTree Advisors and Morgan Stanley while National Amusements—the controlling shareholder of both companies—is being advised by Evercore, according to the deal announcement. CBS’ advisers could share a pot […]

CEOs Publish Open Letter on Reproductive Rights and Abortion: RaceAhead

Nearly 200 CEOs and senior executives have signed an open letter that opposes any restrictions to reproductive health care and specifically abortion. The letter, published in a full-page ad in The New York Times, begins with a bold headline: Don’t Ban Equality. While many of the executives come from companies catering primarily to female customers, […]