CBS merger team formed

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Westinghouse Electric Corp. named a transition management team to handle the planned merger of Westinghouse and CBS. The team will be led by Michael Jordan, chairman-CEO of Westinghouse, and will include Bill Korn, chairman-CEO of Westinghouse Broadcasting Co. (Group W); Peter Lund, president of the CBS/Broadcast Group; and Leslie Moonves, president of CBS Entertainment and exec VP of the CBS/Broadcast Group; plus legal, financial and personnel executives from both companies. Mr. Jordan said the acquisition is expected to be completed in late 1995 or early 1996.

Copyright August 1995 Crain Communications Inc.

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