Viacom Rebuffs Bidders as Merger Looks Likely with CBS

New York Post: Merger talks between CBS and Viacom will likely result in a deal — despite thorny negotiations over price and whether CBS boss Les Moonves will get to name his own No. 2 exec at the merged company. Viacom in recent days got an expression of interest from a major media and tech company — but it was rebuffed.