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I am having a hard time with the apparent overwhelming approval by CBS shareholders which allows Viacom to by its voting stock in exchange for Viacom B shares. I first purchased CBS as Westinghouse at 17 a share. I usually hold onto the stock unless I find a real good reason to sell. I am thinking of selling because I don't know how I benefit. How will the CBS shareholder benefit from this deal? Is there more to this picture that I haven't taken into consideration? Why would CBS shareholders want non-voting stock? I just don't get this deal. Is there anyone that can explain this from the CBS shareholder side of things?
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