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Tag Archives: Shari

Owner Shari Redstone wants to combine and sell CBS and Viacom

The most bitter discussion in the boardroom has lately triggered a series of failures, verbal contests, and a physical confrontation with hands on a face that could shape the future of CBS and Viacom. Shari Redstone, the controlling owner of CBS, has filed a lawsuit against the broadcaster and its executive director Les Moonves at the Delaware Chancery Court, outlining …

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Shari Redstone says CBS director Gifford once got her face

Shari Redstone, CBS Corp.'s controlling shareholder, said his colleague Charles Gifford once grabbed her face and ordered her to listen to him, part of a new complaint filed on Tuesday. Redstone, who is Tussi, has spoken with Chief Executive Officer of CBS, Leslie Moonves, about the fate of the owner of the most watched prime-time network in the US, said …

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Shari Redstone and Leslie Moonves have roles in a corporate war

In a statement released later, National Amusements said it had "no intention of enforcing a merger that is not supported by either CBS or Viacom – today's Board vote, which attempted to prevent such a transaction "CBS management and the special committee can not wish for the reality that CBS has a controlling shareholder." CBS rejected this view and said …

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CBS revolt against Shari Redstone is at a crossroads: DealBook Briefing

• Something else we did not think about. Stay tuned. The larger picture: Jim Stewart notes that the battle is focusing on dual-class stock structures: CBS should eventually prevail in a highly unusual attempt to water down a controlling shareholder, A Flock of two-class companies will undoubtedly try to rewrite their statutes. The conflict is magnified in this case because …

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Shari Redstone wants to turn off CBS Power Play: DealBook Briefing

Here are some of the noteworthy parts of National Amusement Lawyer Filing: • CBS's claim that Ms. Redstone intended to replace her board because of her opposition to a deal: "NAI has not and never has the intention to replace the CBS Board or take other measures to enforce a merger. " • Why Delaware's Court of Chancery should reject …

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