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Monday, May 14, 2018

CBS sues controlling Redstone family, in bid for independence

(Reuters) - CBS Corp filed a lawsuit on Monday to reduce the voting power of controlling shareholder National Amusements Inc, the movie theater company owned by Sumner and Shari Redstone, in an act of defiance aimed at thwarting the Redstones' plan to merge CBS with Viacom Inc.


from Reuters: Business News https://ift.tt/2rHpMhg

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