Thursday, June 16, 2016

Eric Litvin shares the latest NPR Business News : In Viacom Shakeup, Sumner Redstone Replaces 5 Board Members

In Viacom Shakeup, Sumner Redstone Replaces 5 Board Members
On Thursday, Sumner Redstone's National Amusements Inc., moved to seize control of Viacom from its chairman and CEO Philippe Dauman. Dauman and four other directors were removed from Viacom's board and replaced with prominent corporate figures.

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