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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]
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]
12 Aug 2010, 8:56 am by Sheldon Toplitt
Image via WikipediaViacom International Inc., a Delaware corporation and the fourth-largest media conglomerate on the planet, has filed an appeal in the U.S. [read post]
26 Apr 2023, 9:53 am by Kevin LaCroix
According to the plaintiffs’ consolidated amended complaint (here), the 2019 merger of CBS and Viacom followed years of efforts by Shari Redstone, who was a director of both CBS and Viacom, and who through National Amusements, Inc. [read post]
14 Apr 2023, 6:30 am
Paramount Global Settles CBS – Viacom Merger Lawsuit for $122.5 Million Posted by Subodh Mishra, Institutional Shareholder Services, Inc., on Friday, April 7, 2023 Tags: Controlling shareholders, Delaware Court of Chancery, Governance standards, Mergers & acquisitions, SEC enforcement, Settlements Chancery Court Provides Roadmap for Retroactive Validation of Shareholder Votes Posted by Perrie Weiner, Aaron Goodman, and Paul Chander, Baker McKenzie, on… [read post]
14 Apr 2023, 6:30 am
Paramount Global Settles CBS – Viacom Merger Lawsuit for $122.5 Million Posted by Subodh Mishra, Institutional Shareholder Services, Inc., on Friday, April 7, 2023 Tags: Controlling shareholders, Delaware Court of Chancery, Governance standards, Mergers & acquisitions, SEC enforcement, Settlements Chancery Court Provides Roadmap for Retroactive Validation of Shareholder Votes Posted by Perrie Weiner, Aaron Goodman, and Paul Chander, Baker McKenzie, on… [read post]
28 Jan 2009, 3:54 am
 Plaintiff Beverly Pfeffer had filed a class action against the directors of Viacom (including Sumner Redstone, Chairman and CEO of Viacom), Blockbuster, National Amusements, Inc. [read post]
3 Feb 2009, 11:14 am
(“NAI”) which owned a 71% interest in what was then Viacom, Inc., and what is now known as CBS Corporation. [read post]
20 May 2018, 7:50 pm by Francis Pileggi
The post Chancery Denies TRO: Prevents Minority from Limiting Rights of Controlling Redstone Family appeared first on Delaware Corporate & Commercial Litigation Blog. [read post]
29 Oct 2012, 5:00 am by J Robert Brown Jr.
News Corp., 45 A.3d 139 (Del. 2012) (“First, the Inspection Demand identified the wrong corporation, stating that it seeks "to inspect and copy the . . . books and records of Viacom and its subsidiaries," rather than that of News Corp. [read post]
16 Nov 2011, 11:26 am by Steve Bainbridge
AmerisourceBergen Corp.,[1] for example, the merger agreement between acquirer AmerisourceBergen Corporation (“ABC”) and target Bridge Medical, Inc. [read post]