CANTON, Mass. — A lawyer for Viacom Chief Executive Philippe Dauman told a probate court judge here on Thursday that Shari Redstone was executing a cold-hearted plan to take over her father’s $40 billion media empire. In the latest episode of a long-running corporate drama, Dauman’s lawyer, Leslie Fagen, said Shari Redstone was exerting undue...

BING NEWS:
  • Paramount’s Future: Is Skydance Deal “Path of Least Resistance” or Will It Get Derailed?
    The structure of the proposed transaction has caused concern among some investors, though; they worry that a deal would benefit Redstone but dilute non-voting shareholders of Paramount. The ...
    04/10/2024 - 11:14 pm | View Link
  • Paramount investor rips Shari Redstone’s deal to sell media giant to Skydance: ‘Detrimental to the company’s value
    A Paramount Global investor slammed Shari Redstone over her deal to sell the company to Skydance Media, claiming the heiress is attempting to enrich herself at the expense of regular shareholders.
    04/8/2024 - 7:52 am | View Link
  • Paramount-Skydance Deal Would Give Shari Redstone’s Firm Over $2 Billion in Cash
    A sale of Paramount Global could work out very differently for controlling shareholder Shari Redstone and the rest of the entertainment giant’s investors. Redstone’s National Amusements ...
    04/5/2024 - 1:29 pm | View Link
  • A Looming Question for Paramount’s Board: How to Navigate Shari Redstone
    The board of directors has to walk a fine line, looking out for investors without running afoul of Ms. Redstone, the company’s most influential shareholder. By Benjamin Mullin and Lauren Hirsch ...
    04/3/2024 - 1:00 pm | View Link
  • What’s Next for Paramount? Shari Redstone Has a Preferred M&A Path
    At this stage, the big question seems to be whether Redstone is ready to give up a significant chunk of her iron-clad control in order to keep the assets assembled by her late father, Sumner ...
    03/27/2024 - 4:45 am | View Link
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