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Biggest media mergers
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September 7, 1999: 11:46 a.m. ET
Viacom-CBS deal tops list, with value nearly double that of Disney-ABC's
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NEW YORK (CNNfn) - Here is a list of the largest media company mergers to date, according to data from merger-tracking firm Securities Data Corp. as well as corporate reports.
Viacom buys CBS
Price: $34.9 billion
Date announced: Sept. 7, 1999
Date effective: not in effect yet
Walt Disney acquires Capital Cities/ABC
Price: $18.28 billion.
Date announced: July 31, 1995
Date effective: Feb. 9, 1996
Time Inc. purchases Warner Communications
Price: $15.11 billion
Date announced: March 4, 1989
Date effective: Jan. 10, 1990
Viacom acquires Paramount Communications
Price: $9.47 billion
Date announced: Sept. 9, 1993
Date effective: July 7, 1994
Time Warner purchases Turner Broadcasting
Price: $9.1 billion
Date announced: Aug. 29, 1995
Date effective: Oct. 10, 1996
Viacom acquires Blockbuster Entertainment
Price: $8.49 billion
Date announced: Jan. 7, 1994
Date effective: Sept. 29, 1994
Matsushita Electric Industrial buys MCA
Price: $7.66 billion
Date announced: Sept. 24, 1990
Date effective: Jan. 3, 1991
Clear Channel Communications acquires Jacor Communications
Price: $6.35 billion
Date announced: Oct. 7, 1998
Date effective: May 4, 1999
NOTE: The list excludes spin-offs and cable mergers.
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