CBS Chief Tight-Lipped About Potential Merger with Viacom

Vanity Fair: Why would CBS boss Les Moonves not be in favor of a potential merger with Viacom? “Because I’m too old, and too rich,” he joked. “That’s all I’m going to give you.” Moonves is tight-lipped about how far talks have gone so far. “We’re just starting a process to explore the possibilities. That’s all we’re doing. There are committees. There are bankers. There are lawyers.”