Viacom asks CBS to raise its bid by $2.8 billion: sources

(Reuters) - Viacom Inc has asked CBS Corp to sweeten its merger bid by about $2.8 billion or almost a quarter more than CBS's offer, people familiar with the matter said, indicating the wide gap in the U.S. media firms' price expectations.

from Reuters: Business News https://ift.tt/2H6obKN