PRESS DIGEST- Financial Times - Feb 20
Feb 20 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Sept 30 Viacom Inc said it had formed a special committee to consider National Amusements Inc's proposal to combine the company and CBS Corp.
National Amusements, owned by media baron Sumner Redstone and his daughter Shari Redstone, on Thursday urged the boards of Viacom and CBS to explore a combination.
National Amusements owns 80 percent of the voting shares of both media companies. (Reporting by Narottam Medhora in Bengaluru; Editing by Shounak Dasgupta)
NEW YORK, Feb 19 U.S. food company Kraft Heinz Co withdrew its proposal for a $143-billion merger with larger rival Unilever Plc, the companies said on Sunday, raising questions about whether Kraft will turn its focus to another target.
LONDON, Feb 17 John Fallon needs to show he has a plan to navigate Pearson through the sinking sands of its main markets when the world's biggest education company reports full-year results.