Heads Named of Viacom Committee Exploring CBS Deal

Viacom board members Thomas May, Eversource Energy chairman, and Nicole Seligman, former president of Sony Entertainment, will head a special committee to evaluate the request by shareholder National Amusements that Viacom explore a transaction with CBS (see 1609290077), Viacom said in a news release Friday. The committee hired Debevoise & Plimpton as independent legal adviser, the company said.