Wednesday, June 22, 2016

Sumner Redstone's Suit to Replace Directors on Hold

Viacom Inc. controlling shareholder Sumner Redstone’s plan to replace five directors at the media giant is on hold until it can be determined if the 93-year-old is mentally competent to make those decisions, a Delaware court said Wednesday.

from WSJ.com: US Business http://ift.tt/28Oihfz
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