Search for: "Sumner 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]
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 May 2021, 8:05 am
For example, until he was well into his 90s, Sumner Redstone declared this his succession plan was to never die. [read post]
4 May 2021, 8:05 am
For example, until he was well into his 90s, Sumner Redstone declared this his succession plan was to never die. [read post]
12 Aug 2020, 10:19 am
Sumner Redstone, the hard-charging mogul who parlayed his father’s New England drive-in theater business into a media empire that now flows into virtually every avenue of entertainment, has died. [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
Pennsylvania-based Bucks County Employees Retirement Plan Fund says there is good reason to believe the CBS directors breached their fiduciary duty by caving in to pressure from the daughter of founder Sumner Redstone, whose National Amusements Inc. holding company controls both companies. [read post]
20 Jul 2019, 3:00 am
Last week, New York Magazine published this fascinating article about Shari Redstone’s corporate battles and her relationship with her father, Sumner Redstone. [read post]
28 Sep 2018, 2:00 pm
Former executive chairman of Viaciom's Sumner Redstone,’s story was a key influence on the HBO hit series Succession, riveting the country with the litigious financial power struggle that has embroiled his family. [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
The past few years of Shari Redstone’s life sound like something taken directly from a soap opera after her aging father, Sumner Redstone, fell ill and required a full-time nurse to take care of him. [read post]
5 Jul 2018, 12:24 pm
The past few years of Shari Redstone’s life sound like something taken directly from a soap opera after her aging father, Sumner Redstone, fell ill and required a full-time nurse to take care of him. [read post]
25 May 2018, 6:10 am
Redstone’s salary. [read post]
30 Apr 2018, 5:24 am
Redstone, (Del. [read post]
25 Apr 2018, 6:00 am
Redstone, (Del. [read post]
24 Apr 2018, 5:00 am
Sumner Redstone is the controlling stockholder of CBS Corporation and served as executive chairman until February 2016. [read post]
17 Jan 2018, 8:24 am
Former CBS/Viacom head Sumner Redstone had fired Herzer as his healthcare agent. [read post]
19 Dec 2017, 12:00 pm
The law school is housed in a new state-of-the-art complex, including the Sumner M. [read post]
31 Oct 2017, 1:40 pm
Background: This letter decision granted a motion to dismiss claims for breach of fiduciary duty, waste, and unjust enrichment in connection with a challenge to the payment of approximately $13 million of compensation to Sumner Redstone from July 2014 to May 2016, when the directors of Viacom allegedly knew that he was incapacitated and incapable of doing his job. [read post]
