Filed by: Viacom Inc.
This communication is filed pursuant to Rules 165 and 425
promulgated under the Securities Act of 1933, as amended
Subject Company: Infinity Broadcasting Corporation
Commission File No.: 001-14599
VIACOM SETS CLOSING DATE FOR INFINITY MERGER
NEW YORK, NY, November 29, 2000 - Viacom Inc. (NYSE: VIA, VIA.B) and Infinity
Broadcasting Corporation (NYSE: INF) announced today that they expect to
complete their previously announced merger the week of January 8, 2001. Infinity
has set December 8, 2000 as the record date on which shareholders who own shares
of Infinity Class A common stock will receive the final information
statement/prospectus on the transaction.
Note: a registration statement relating to the Viacom Class B common stock to be
issued in the above transaction has been filed with the Securities and Exchange
Commission but has not yet become effective. These securities may not be sold
nor may offers to buy be accepted prior to the time the registration statement
becomes effective. This press release shall not constitute an offer to sell or
the solicitation of an offer to buy nor shall there be any sale of these
securities in any State in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of any
such State.
Contacts:
Carl Folta
(212) 258-6352
Susan Duffy
(212) 258-6347
