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Hedge fund Paulson & Co takes stake in Viacom amid turnaround

Updated : April 12, 2018 08:58 AM IST

Viacom recently announced a deal with Telefónica SA in Latin America to give its mobile subscribers access to its networks and shows.
CBS and Viacom, both of which are controlled by Shari and Sumner Redstone, began exploring a merger in February.
Hedge fund Paulson & Co takes stake in Viacom amid turnaround

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