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Chris-Craft Jumps as Viacom Talks Reportedly Resume
Updated from 8:43 a.m. EDT
Shares of broadcast station owner Chris-Craft Industries (CCN Quote) rose sharply Tuesday on signs that the on-again, off-again talks between Chris-Craft and Viacom (VIA Quote) appear to be back on again.
The two companies, which first began flirting with a possible acquisition of Chris-Craft by Viacom in January, have returned to the negotiating table, the Wall Street Journal reported Tuesday. ...
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