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Technology Stocks : Viacom, Class B( VIAB ) - The New Viacom

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To: MGV who wrote (35)5/26/2000 3:53:00 PM
From: MGV  Read Replies (1) of 56
 
11:30am EDT 25-May-00 Corporate Release

VIACOM TO PURCHASE UP TO $1 BILLION IN VIACOM STOCK

NEW YORK--May 25, 2000--Viacom Inc. (NYSE: VIA, VIA.B) announced
today a purchase program to acquire Viacom stock. The program, which
will begin immediately, would involve the purchase from time to time
of up to $1 billion in Viacom stock. Viacom completed its most recent
market purchase program at the end of April.
Viacom Inc., which completed its merger with CBS Corporation on
May 4, is one of the world's largest entertainment and media
companies, and a leader in the production, promotion, and distribution
of entertainment, news, sports, and music.
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