Search for: "Shari Redstone "
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23 Jan 2024, 9:01 pm
2023 delivered a banner year for investor recoveries, as the $7.9 billion[1] in settlement funds across the globe was the highest total in the last five years. [read post]
15 Aug 2023, 10:46 am
In June 2022, Viacom and Shari Redstone separately filed actions against certain of the excess insurers, asserting anticipatory breach of contract and seeking declaratory relief. [read post]
26 Apr 2023, 9:53 am
The Viacom shareholder suit presents similar allegations about the way Shari Redstone allegedly “steam-rolled” the two companies’ combination. [read post]
7 Apr 2023, 6:31 am
For years, Sumner Redstone declared that he did not want Shari Redstone to control Viacom or CBS, as he did not think she was suitable for the job. [read post]
7 Apr 2023, 6:31 am
For years, Sumner Redstone declared that he did not want Shari Redstone to control Viacom or CBS, as he did not think she was suitable for the job. [read post]
4 Mar 2021, 6:00 am
., controlled by Shari Redstone. [read post]
22 Jan 2021, 6:00 am
Plaintiffs, minority stockholders of Viacom International (“Viacom”), sued Shari Redstone, her corporate entities (together with Ms. [read post]
2 Jan 2021, 3:00 am
I’ve previously written about Shari Redstone and the controversies surrounding Viacom and CBS; this week, VC Slights kindly gave me something new to blog about when he denied defendants’ motion to dismiss shareholder claims associated with the Viacom/CBS merger. [read post]
17 Feb 2020, 7:11 am
After a three-year campaign by Shari Redstone, Chairwoman of the two companies and daughter of media mogul and billionaire Sumner Redstone, Viacom and CBS merged to become ViacomCBS, Inc. on December 4, 2019 in an all-stock transaction worth nearly $12 billion. [read post]
1 Dec 2019, 7:41 pm
A recent Court of Chancery decision gave a CBS Corp. shareholder access to the broadcaster’s internal documents regarding an imminent merger with former corporate sibling Viacom Inc. after finding a “credible basis” for the investor’s suspicion that Shari Redstone abused her control of both companies in Bucks County Employees Retirement Plan Fund v. [read post]
30 Nov 2019, 3:00 am
I’m assuming most readers know the backstory here, but CBS and Viacom are both controlled by NAI, which in turn is controlled by Shari Redstone. [read post]
13 Aug 2019, 11:29 am
Shari Redstone, who is in charge of both companies, has been... [read post]
20 Jul 2019, 3:00 am
Shari Redstone... [read post]
22 Sep 2018, 3:00 am
My final one was: [T]here’s a subtext in all of this, and it’s that Shari Redstone in particular... [read post]
15 Aug 2018, 3:03 pm
“For anyone who owns shares of CBS or Viacom, both controlled by Shari Redstone’s National Amusements Inc., Mr. [read post]
17 Jul 2018, 9:22 am
In the midst of a fight between Shari and Sumner Redstone and CBS over a potential merger with Viacom, the Delaware Court of Chancery denied the Redstones access to certain likely-privileged documents. [read post]
5 Jul 2018, 12:24 pm
But now Shari Redstone has a bigger problem on her hands. [read post]
5 Jul 2018, 12:24 pm
But now Shari Redstone has a bigger problem on her hands. [read post]
21 May 2018, 12:05 pm
At the end of last week, the Delaware Chancery Court refused to permit CBS independent directors to obtain a restraining order that would have prevented controlling shareholder Shari Redstone from interfering with the plan that the directors had devised to prevent Redstone from forcing a merger of CBS and Viacom. [read post]
20 May 2018, 7:50 pm
Key Facts Shari Redstone and her family have voting control of CBS even though they own a small percentage of the stock. [read post]
