Sumner Redstone and his daughter Shari Redstone, who own the majority of voting shares of both Viacom and CBS through their privately-held movie theater company National Amusements Inc, are pushing to recombine the two companies 10 years after they split from each other. Many investors and observers believe a deal could be announced as soon as by the end of the year and that CBS Chief Executive Leslie Moonves will run the combined company. Shari Redstone wants to keep the five National Amusements directors she handpicked for Viacom's board if it merges with CBS, the sources said.
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