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Redstone family moves to cement control over CBS

(Reuters) - The Redstone family sought on Wednesday to amend CBS Corp's bylaws to prevent its board of directors from issuing a special stock dividend that would eliminate much of its voting power, as a court room showdown between them loomed......»»

Category: topSource: reutersMay 16th, 2018

Redstone: Moonves Threatened to Quit CBS Over Family"s Control

Shari Redstone shot back at CBS in court, alleging that CBS Chief Executive Leslie Moonves gave the CBS board an “ultimatum” that he would resign unless directors voted to strip her family of voting control......»»

Category: smallbizSource: wsjMay 29th, 2018

Once Allies, Two Media Chiefs Go to War Over the Future of CBS

Shari Redstone and Les Moonves are locked in a legal battle triggered by their disagreement over a potential merger of Viacom and the broadcasting powerhouse. The outcome could determine whether the Redstone family continues to exercise control over CBS......»»

Category: smallbizSource: wsjMay 28th, 2018

CBS directors target bylaw changes sought by Redstones

CBS Corp. challenged a Redstone family bylaw change aimed at blocking the board’s bid to wrest control of the media company from the family......»»

Category: topSource: moneycentralMay 23rd, 2018

CBS Board Defies Shari Redstone

Directors voted to strip the National Amusements president and her family of their voting control over the media company......»»

Category: smallbizSource: wsjMay 17th, 2018

Judge hands Redstone family victory in CBS dispute

A judge declined on Thursday to issue a restraining order against Shari Redstone, allowing her to exert control over CBS Corp (CBS.N) and dealing a setback to the U.S. media company’s plans to strip her voting power and thwart a merger with Viacom......»»

Category: videoSource: reutersMay 17th, 2018

Delaware judge rules for Redstone family in CBS dispute

A Delaware judge said Thursday he would not block Shari Redstone from exerting control over the board of CBS, which was considering stripping her voting power in defiance of her push to merge the media company with Viacom......»»

Category: topSource: moneycentralMay 17th, 2018

Delaware judge rules for Redstone family in CBS dispute

A Delaware judge said Thursday he would not block Shari Redstone from exerting control over the board of CBS, which was considering stripping her voting power in defiance of her push to merge the media company with Viacom......»»

Category: topSource: moneycentralMay 17th, 2018

The Wall Street Journal: Shari Redstone moves to block CBS from stripping family’s voting power

The Redstones’ family holding company, National Amusements Inc., issued a change to CBS’s bylaws on Wednesday in an attempt to block the board’s ability to dilute its voting power......»»

Category: topSource: marketwatchMay 16th, 2018

Shari Redstone Moves to Defend Family"s Voting Power Over CBS

Shari Redstone is mov.....»»

Category: smallbizSource: wsjMay 16th, 2018

Sumner Redstone"s "bombshell" trust ownership provision revealed

Sumner Redstone isn't going to make it easy for his heirs to sell the family's interest in its media companies after his death. Restrictive provisions in Redstone's trust that controls the family's stake in CBS Corp. (NYSE: CBS) and Viacom Inc. (Na.....»»

Category: topSource: bizjournalsAug 10th, 2018

Viacom reports revenue below estimates on weak advertising sales

Viacom and CBS, both controlled by Sumner and Shari Redstone's family company, National Amusements Inc, are exploring a merger, but the efforts have been opposed by CBS CEO Leslie Moonves......»»

Category: topSource: foxnewsAug 9th, 2018

Video of Redstone patriarch to be reviewed in CBS legal battle

A video of 95-year-old Sumner Redstone, the patriarch of the family that owns the voting majority of CBS Corp , can be reviewed in the U.S. broadcast and media company's legal battle against the family, a Delaware judge ruled on Wednesday......»»

Category: topSource: reutersAug 8th, 2018

‘End Family Fire’ Campaign Hopes to Combat Accidental Child Gun Deaths

The nonprofit that helped popularize Smokey Bear and “friends don’t let friends drive drunk” is teaming up with a gun control group to promote safe firearm storage......»»

Category: mediaSource: nytAug 8th, 2018

Wrigley billionaire moves from chewing gum to medical marijuana

The scion of a family that made a fortune in chewing gum is moving into pot......»»

Category: topSource: moneycentralAug 6th, 2018

China uses threats about relatives at home to control and silence expats and exiles abroad

AP Photo/Pablo Martinez Monsivais The family of former beauty queen Anastasia Lin have been continually threatened and prevented from traveling abroad because of Lin's decision to discuss Chinese h.....»»

Category: topSource: businessinsiderJul 30th, 2018

TGI Fridays is a family-friendly place today — but it was a raging singles scene on the precipice of the sexual revolution

Chaloner Woods/Stringer/Getty TGI Fridays was one of the first singles bars in America. When it opened in 1965, the country was on the precipice of a sexual revolution: A birth-control pill had just been appro.....»»

Category: topSource: businessinsiderJul 26th, 2018

Papa Johns Board Moves to Block John Schnatter from Taking Control

InvestorPlace - Stock Market News, Sto.....»»

Category: topSource: investorplaceJul 23rd, 2018

Ivanka Trump is "Fake" and "So Opposite of the Image She Put Out There," Trump Family Author Claims

“She can’t control the narrative anymore because she’s so inauthentic," the author of "Born Trump" writes......»»

Category: topSource: newsweekJun 25th, 2018

Buzz Aldrin Fights Family for Control of His Space Legacy

The former astronaut’s children say their father is in mental decline and are asking a Florida court to appoint them his guardians. He says they are after his business, and is suing for “elder exploitation.”.....»»

Category: smallbizSource: wsjJun 25th, 2018

Trump turned on a dime and acted to stop the family-separation policy after saying he had no control over it

Yuri Gripas/Reuters President Donal.....»»

Category: topSource: businessinsiderJun 20th, 2018