April 4, 2018 / 1:48 PM / 7 months ago

BRIEF-CBS offer for Viacom was immediately rejected - CNBC

April 4 (Reuters) -

* CBS OFFER FOR VIACOM WAS IMMEDIATELY REJECTED - CNBC, CITING SOURCES

* VIACOM WILL PROPOSE A COUNTER OFFER TO CBS BID - CNBC, CITING SOURCES

* VIACOM BELIEVES IT DESERVES A MARKET PREMIUM AND SEES COST SYNERGIES OF AT LEAST $1 BILLION IN THE COMBINATION - CNBC, CITING SOURCES Source text - cnb.cx/2q6iiCG Further company coverage:

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