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15 Oct 2018, 6:01 am
(“NAI”) owns approximately 80% of the voting shares of CBS Corporation and Viacom Inc., and in early 2018, NAI proposed that CBS and Viacom consider a merger. [read post]
Jan. 27, 2021) This decision is one of several by the Delaware Court of Chancery arising out of efforts to merge CBS Corporation and Viacom by the companies’ controlling stockholder—National Amusements, Inc., controlled by Shari Redstone. [read post]
13 Aug 2019, 11:29 am by Media Law Prof
Via the New York Times: CBS and Viacom have announced that they will merge, bringing the two media conglomerates back into a massive corporation that hasn't existed for years. [read post]
Paramount Global and former chairman-CEO Leslie Moonves Friday settled with CBS Corporation shareholders and agreed to pay $14.75 million in a class action case related to sexual misconduct claims against #MeToo movement comments by Moonves. [read post]
17 Jul 2018, 9:22 am by John Jascob
Although Shari Redstone, as a CBS board member, would typically enjoy “unfettered” access to legal advice rendered to the company or other directors, her interests conflict with those of the corporation. [read post]
17 Nov 2006, 9:53 am
Thursday’s proposed $18.7 billion buyout of Clear Channel Communications suggests that CBS Corporation could be a juicy target for private equity firms, according to William Drewry, an analyst with Credit Suisse. [read post]
24 Apr 2018, 5:00 am by John Jascob
Sumner Redstone is the controlling stockholder of CBS Corporation and served as executive chairman until February 2016. [read post]
22 Jan 2020, 7:41 am by John Jascob
., LL.M.The federal district court in Manhattan has allowed a securities class action to go forward against CBS Corporation and former CEO Leslie Moonves for alleged misstatements to the media concerning the company’s efforts to address workplace sexual misconduct. [read post]
11 Jan 2005, 6:27 am
[JURIST] In Tuesday's corporations and securities law news, Thom Calandra, former chief commentator for CBS MarketWatch [media website], will pay at least $540,000 in penalties to settle fraud charges with the SEC [official website]. [read post]
15 Jan 2020, 9:15 am by Butch Laker
Last Friday, the Federal Circuit affirmed a district court decision that found for the CBS Corporation in its defense against infringement and invalidity as to three claims of U.S. [read post]
5 Apr 2019, 3:30 am by Omari Simmons
Recent scandals involving Volkswagen, Wells Fargo, Uber, Fox News, CBS, and others make clear that culture can contribute to malfeasance that damages both company and societal bottom lines. [read post]
15 Jan 2020, 9:15 am by Butch Laker
Last Friday, the Federal Circuit affirmed a district court decision that found for the CBS Corporation in its defense against infringement and invalidity as to three claims of U.S. [read post]
23 Feb 2024, 3:40 am by jonathanturley
He would not have been so inclined if he had been told that this was a type of privilege by committee with potential disclosures to corporate, legal and HR personnel. [read post]