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

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......»»

(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......»»

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......»»

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......»»

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......»»

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

(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......»»

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

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......»»

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......»»

(Reuters) - Shari Redstone, the media heiress whose family controls.....»»

(Reuters) - Shari Redstone, the media heiress whose family .....»»

CBS has filed suit and sought a temporary restraining order against Shari Redstone and her company, National Amusements, in an attempt to thwart a forced merger with Viacom.   .....»»

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......»»

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

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......»»

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......»»

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......»»

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......»»

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......»»