We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
CBS Corp | NYSE:CBS | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 40.77 | 0 | 01:00:00 |
By Keach Hagey
Viacom Inc. Chief Executive Philippe Dauman and Viacom board member George Abrams have been informed that they have been removed from the trust that will eventually control Sumner Redstone's media empire, according to a spokesman for Mr. Dauman.
Removing Mr. Dauman would be a big victory for Shari Redstone, Mr. Redstone's daughter and the vice chairman of Viacom and CBS Corp., who has clashed in the past with the executive and was the lone Viacom board member not to vote for his recent promotion to executive chairman.
Ms. Redstone, Mr. Dauman and Mr. Abrams were three of the seven members of the trust that Mr. Redstone set up to take over his nearly 80% voting stakes in both Viacom and CBS Corp. when he dies or is incapacitated.
Write to Keach Hagey at keach.hagey@wsj.com
(END) Dow Jones Newswires
May 20, 2016 23:56 ET (03:56 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year CBS Chart |
1 Month CBS Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions