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Fly News Breaks for February 4, 2016
VIA, CBS
Feb 4, 2016 | 07:16 EDT
After CBS' (CBS) chairman resigned, Bernstein believes that the news is "marginally positive" for CBS because it quashes rumors that the company could buy Viacom (VIA). The news makes other M&A possibilities viable for CBS, added the firm, It keeps a $49 price target and Market Perform rating on the shares.
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