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Viacom says CEO Dauman to resign post immediately; Dooley steps in

August 21, 2016 by · Leave a Comment 

By Jessica Toonkel NEW YORK (Reuters) – Viacom Inc said on Saturday that Chief Executive Philippe Dauman will resign immediately, marking a victory for the family of controlling shareholder Sumner Redstone in the battle for the $40 billion media empire. The settlement with Dauman also ends the legal fight between members of the Viacom board and Redstone's National Amusements Inc, the privately held company that holds 80 …

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Viacom says CEO Dauman to resign post immediately; Dooley steps in

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New York judge grants request to depose Viacom CEO

February 25, 2016 by · Leave a Comment 

The ruling was the latest in a lawsuit filed in November in Los Angeles by Redstone's ex-girlfriend Manuela Herzer, who has sued over her removal as the 92-year-old Redstone's health care agent in favor of Dauman. As part of that lawsuit, Herzer

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New York judge grants request to depose Viacom CEO

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Exclusive: Billionaire Lasry’s junk fund stops voluntary reporting of asset levels

January 12, 2016 by · Leave a Comment 

A junk bond fund run by billionaire Marc Lasry's Avenue Capital Management, which has experienced heavy investment losses and investor withdrawals, has stopped voluntarily reporting daily asset figures to the mutual fund industry's top two tracking firms. Research chiefs for Morningstar and Lipper said on Monday they had not received daily asset under management figures from the Avenue Credit Strategies Fund since about mid-December. The fund is not required to report the …

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Exclusive: Billionaire Lasry’s junk fund stops voluntary reporting of asset levels