the-93-year-old
Viacom and controlling shareholder Sumner Redstone agree on settlement: sources
August 19, 2016 by creative · Leave a Comment
By Jessica Toonkel NEW YORK (Reuters) – – Viacom Inc and controlling shareholder Sumner Redstone have come to an agreement on terms of a settlement that would result in the departure of Chief Executive Philippe Dauman, two sources familiar with the situation told Reuters on Thursday. The settlement would end the battle for control over Redstone's $40 billion empire that includes Viacom and CBS, and which has been …
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Viacom and controlling shareholder Sumner Redstone agree on settlement: sources
the-93-year-old
Media mogul Redstone says he ‘no longer trusts’ Viacom CEO
June 16, 2016 by creative · Leave a Comment
Sumner Redstone said he “no longer trusts” Viacom Inc's board or Chief Executive Philippe Dauman to act in the media company's best interests, according to a spokesman for the 93-year-old mogul. The comments from Redstone, the controlling shareholder of Viacom and CBS Corp , are the latest…
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Media mogul Redstone says he ‘no longer trusts’ Viacom CEO