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Redstone Makes Power Move at CBS

Shari Redstone fired back at CBS, moving to block the media company’s effor.....»»

Category: smallbizSource: wsjMay 17th, 2018

For sale! Cree"s corporate jet — under CEO"s order

Gregg Lowe, the new CEO of power device manufacturer Cree, made a big move when he came on board – one he says is indicative of the culture shift he’s trying to institute: He put the corporate jet up for sale. “We don’t use a corporate jet a.....»»

Category: topSource: bizjournals3 hr. 47 min. ago

What makes UltraTech"s acquisition of Century Textiles a clever move

Century's capacities in Madhya Pradesh, Chhattisgarh and Maharashtra, and its West Bengal grinding unit will help UltraTech emerge the leader in central and east India in a short time.....»»

Category: topSource: business-standard21 hr. 32 min. ago

CBS votes to end Redstone control

CBS Corp’s board voted to end Shari Redstone’s control of the media company, but the move will not take effect unless a Delaware judge sides with CBS in its litigation to stop a potential merger with Viacom. Aleksandra Michalska reports......»»

Category: videoSource: reutersMay 18th, 2018

CBS, Redstone brawl escalates into corporate warfare

The plot thickened surrounding the battle between the CBS board of directors and the media company's majority shareholder Shari Redstone as the board voted to slash her voting power and canceled its annual shareholder meeting......»»

Category: videoSource: reutersMay 18th, 2018

The Wall Street Journal: Legal battle likely after CBS board strips Redstone family’s voting power

CBS Corp. and its controlling shareholder National Amusements Inc. are so entrenched in a power struggle that they can’t even agree on the outcome of a board vote......»»

Category: topSource: marketwatchMay 17th, 2018

CBS votes to end Redstone control, needs court approval

(Reuters) - CBS Corp's board on Thursday voted to end Shari Redstone's control of the company, a move aimed at stopping a merger between CBS and sister company Viacom Inc and which will require approval by a Delaware court......»»

Category: topSource: reutersMay 17th, 2018

Shari Redstone Faces Rebellion From CBS Board

CBS and its controlling shareholder National Amusements are so entrenched in a power struggle that they can’t even agree on the outcome of a board vote......»»

Category: smallbizSource: wsjMay 17th, 2018

Delaware judge rules for Redstone in fight for control of CBS

(Reuters) - A judge sided on Thursday with Shari Redstone in her battle to retain control over CBS Corp and dealt a setback to the U.S. media company's plans to strip her voting power......»»

Category: topSource: reutersMay 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

CBS CEO Moonves vs. Shari Redstone: Judge denies CBS" requested restraining order

National Amusements sought to block the broadcaster’s attempt to dilute the holding company’s voting power......»»

Category: topSource: foxnewsMay 17th, 2018

How The Largest Financial Institutions Innovate: "How Do We Go And Disrupt Ourselves?"

The catch-22 for large corporations is that while vast resources are available, size makes it harder to move quickly — and compete with startups.  read more.....»»

Category: blogSource: benzingaMay 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

Judge Rejects CBS Move to Strip Shari Redstone’s Control of Company

The ruling was a victory for Ms. Redstone in her effort to merge CBS with its corporate sibling, Viacom, over the objections of Leslie Moonves, the network’s chief executive......»»

Category: mediaSource: nytMay 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

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

Top Frequent-Flier Programs for 2018

Southwest leads a survey of award availability on 25 airlines, along with Air Canada, Turkish and JetBlue; American makes a big move to open up seats......»»

Category: smallbizSource: wsjMay 16th, 2018

Will The Supercars Of 2018 Be …. SUVs? [INFOGRAPHIC]

While the term ‘Supercar’ makes you think of luxury, high performance and power – in 2018, could this also include off-roading ability and enough space to comfortably fit a family? The surge in sales of SUV.....»»

Category: blogSource: valuewalkMay 15th, 2018

CBS Ups Stakes in Feud With Redstones

CBS moved to break free from the Redstone family’s grip and thwart a forced merger with Viacom, escalating a yearslong power struggle over the fate of the two media companies......»»

Category: smallbizSource: wsjMay 14th, 2018