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ALBUQUERQUE, New Mexico (AP) — The U.S. is sending 615 more troops to Iraq as the stage is set for an Iraqi-led battle to reclaim Mosul, the northern city that has been the Islamic State group's main stronghold for more than two years. The offensive, starting as soon as October, looms as a decisive moment for Iraq and for President Barack Obama's much-criticized strategy to defeat IS.
A merger would give Viacom, whose networks include Comedy Central, Nickelodeon and MTV, a seasoned media executive at the helm with CBS CEO Leslie Moonves at a time when its TV ratings and ad revenue have been in decline, many investors believe. Viacom shares jumped as much as 7 percent after Reuters broke the news of NAI's plans, and were trading up 1.7 percent at $36.07 in New York in early afternoon, giving the company a market value of $14.3 billion. Representatives for NAI, Viacom and CBS declined to comment.