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

Shari Redstone is mov.....»»

Category: smallbizSource: wsjMay 16th, 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

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

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

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

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

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

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

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

Shari Redstone"s Path to Power

How the heiress overcame a falling out with her father to become the most significant female media owner in America......»»

Category: smallbizSource: wsjJun 22nd, 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

The full backstory of the crisis at CBS

The CBS board is scheduled to hold a special meeting Thursday afternoon and vote on a dividend that would dilute Shari Redstone's voting stake......»»

Category: topSource: cnnMay 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

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

The fight for the future of CBS

The CBS board is scheduled to hold a special meeting Thursday afternoon and vote on a dividend that would dilute Shari Redstone's voting stake......»»

Category: topSource: cnnMay 17th, 2018

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

CBS Turns to "Nuclear Option" to Eliminate Redstones" Voting Control, Block Viacom Merger

CBS has declared war on its controlling shareholder, suing Shari Redstone and her family’s National Amusements for trying to force CBS to merge with Viacom......»»

Category: smallbizSource: wsjMay 14th, 2018