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Broadcaster Viacom (VIA) - Get Via Renewables, Inc. Class A Report said it expects to merge with Infinity Broadcasting (INF) - Get Brookfield Global Listed Infrastructure Income Fund Inc. Report, of which Viacom is already the majority shareholder. The merger is expected to be complete by the first quarter of 2001.

Viacom currently owns all of Infinity's Class-B common stock, which amounts to 64% of Infinity's common stock and 90% of the combined voting interest of the common stock. Infinity is the largest radio broadcasting company in the country, while Viacom owns properties including CBS, MTV, Nickelodeon, Paramount Pictures and Simon & Schuster. Viacom's stock closed at $55.50 yesterday; Infinity closed at $30.50.

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