CBS-Redstone brawl: Judge to rule on whether CBS can strip Redstones of their voting power
by Meg James, Los Angeles Times
May 16, 2018
4 minutes
A judge is expected to decide Wednesday whether CBS can move forward with a rare corporate maneuver to strip Sumner Redstone and his family of their control over the company, which would thwart the Redstones' effort to merge CBS with Viacom.
CBS sued the Redstone family Monday, alleging that the mogul's daughter, Shari Redstone, was trying to railroad it into merging with Viacom Inc. even if the tie-up would harm rank-and-file CBS shareholders.
The Redstones also control Viacom, which owns MTV, Comedy Central, BET and Nickelodeon. CBS does not want to be saddled with the troubles of the weaker
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