Source: Deadline
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Viacom shareholders will pick up legal and PR expenses for CEO Philippe Dauman and director George Abrams’s efforts to maintain their positions on the Redstone family trust and the National Amusements board, the company disclosed this morning in an SEC filing. The company agreed on Monday to indemnify the … Read entire story.
Source: Deadline
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Any deal to sell “all or a portion of Paramount Pictures” would require the unanimous approval of Viacom’s directors, according to a change in the by-laws endorsed today by Sumner Redstone’s National Amusements — which controls 80% of the voting stock. The terms would ensure that … Read entire story.
Source: Deadline
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