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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]
21 Mar 2016, 2:54 pm
Shari Redstone and Dauman are two of the seven members of that trust. [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]
24 Aug 2016, 12:20 pm
Herzer’s complaint alleged Shari is influenced solely by her father’s wealth, while both Sumner and Shari accuse Herzer of being the gold digger. [read post]
16 Nov 2016, 10:00 am
She says it is a ploy of Shari Redstone to discredit the suit Herzer brought against the Redstone estate for having been wrongfully disinherited. [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]
4 Mar 2021, 6:00 am
., controlled by Shari Redstone. [read post]
17 Apr 2009, 10:51 am
At the request of Shari Redstone, Sumner Redstone's daughter and chair of Midway's board, National Amusements Inc. lent the video game publishers over $90 million. [read post]
18 May 2018, 6:05 am
According to the complaint, Shari Redstone, who (with her control of National Amusements, Inc.) effectively controls nearly 80 percent of the voting power of CBS, began to pursue a merger of CBS and Viacom. [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]
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]
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]
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]
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]
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]
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]
