Answer the questions posed in the memo as thoroughly as you can given the case data. The Summary and Overall Recommendation(s) should summarize and highlight your key findings and provide an overall assessment of Time Warners viability and future course of action.

Memo 8 To: Strategic Planning Committee From: Board of Directors Re: Potential M&A Target After a number of years operating solely as a cable company, we are considering expanding our reach back into content and programming. As a result, we are considering an acquisition of Viacom, Inc. Viacom is a media company that focuses on television and film production and distribution, as well as owns a number of well-known television networks. Its properties include Paramount Pictures, MTV, Comedy Central, BET, Nickelodeon, Spike, and VH1. ease provide your input as to the viability of acquiring Viacom. Please keep this request confidential