Shari Redstone

CBS Corporation (NYSE: CBS) and Viacom Inc (NASDAQ: VIAB) announced Tuesday afternoon they're merging, reuniting the entertainment companies that split more than a decade ago as they seek to compete in a world changing how it watches TV and movies. What Happened The merger, which follows months...

CBS Corporation (NYSE: CBS) and Viacom Inc (NASDAQ: VIAB) are close to a merger deal that would value Viacom below its most recent closing price, Reuters reported Monday. Shares of both media companies were trading down after the report, which cited unnamed sources in saying Viacom shareholders...

Former CBS Corporation (NYSE: CBS) CEO Les Moonves won't receive any of the $120 million severance package he was granted after the TV network's board of directors concluded it had grounds to terminate Moonves. What Happened Moonves resigned in September after sexual misconduct allegations...

CBS Corporation (NYSE: CBS)'s move to file a lawsuit against its own parent company, National Amusements, has one of two outcomes -- both of which are a potential negative for the stock, according to KeyBanc. The Analyst KeyBanc Capital Markets' Andy Hargreaves maintains a Sector Weight...

CBS Corporation (NYSE: CBS) filed a lawsuit Monday to prevent a merger with Viacom, Inc. (NASDAQ: VIAB) and strip the proposal’s strongest advocate of significant voting power. The lawsuit accuses Shari Redstone, president of majority shareholder National Amusements and vice chair of...

The on-again, off-again merger between CBS Corporation (NYSE: CBS) and Viacom, Inc. (NASDAQ: VIAB) is taking a dramatic turn that could alienate CBS CEO Les Moonves. What Happened Shari Redstone, daughter of media mogul Sumner Redstone, continues her push to combine CBS and Viacom into one...

Redstone-family-controlled National Amusements announced its decision to end efforts to merge Viacom, Inc. (NASDAQ: VIAB) and CBS Corporation (NYSE: CBS). “It is now apparent that Shari Redstone (and many investors) are impressed with new CEO Bob Bakish,” Wunderlich’s Matthew...

Viacom, Inc. (NASDAQ: VIAB) is likely have a strategic shift under Tom Dooley, the interim CEO who is expected to succeed Philippe Dauman on a full-time basis by the end of the month. Jefferies examined various strategic options for Viacom and is not expecting any deal to come out of last week's...

Shari Redstone, daughter of the ailing 93-year-old Sumner Redstone, is now in control of her father's media empire, Viacom, Inc. (NASDAQ: VIA) (NASDAQ: VIAB) and will soon need to decide how to proceed. According to a report by Bloomberg, Shari Redstone is considering a move to recombine Viacom...

In this corner, we have Shari Redstone, who Wednesday the NY Post reported has been in contact with Alibaba Group Holding Ltd (NYSE: BABA) founder Jack Ma in connection with the sale of Paramount Pictures, a holding of Viacom, Inc. (NASDAQ: VIAB). Related Link: What's Going On With CBS, Viacom And...

Former CBS Corporation (NYSE: CBS) and Viacom, Inc. (NASDAQ: VIAB) chairman Sumner Redstone's former caretaker Manuela Herzer claimed Redstone was manipulated in the chair transition as his health deteriorated. “Sumner has become a pawn in a highly-publicized battle for the Chairmanship...