Paramount Global and its predecessor companies have gone through several tumultuous decades. Here’s a timeline of key events that led up to the company’s most recent M&A drama, in this week’s cover story: What Went Wrong: Inside Paramount’s Failed Merger Talks and the Battle to Salvage the Company.
MARCH 4, 1987: Sumner Redstone’s National Amusements Inc. acquires Viacom for $3.4 billion
MARCH 11, 1994: Viacom acquires control of Paramount Communications for about $10 billion
SEPT. 7, 1999: Viacom announces deal to acquire CBS Corp. for $35 billion
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