Monday, May 30, 2016

Viacom Lead Independent Director Says Board Will Fight Any Attempts to Oust It

Lead independent director Frederic Salerno said in a letter to Viacom constituencies the board is preparing for a legal battle to keep their seats because they don’t believe controlling shareholder and former chairman Sumner Redstone has the mental capacity to act of his own free will.

from WSJ.com: US Business http://ift.tt/25x05Q1
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