As CBS Corp. nears a formal acquisition offer for Viacom, the actions of two key players — controlling shareholder Shari Redstone and acting CBS CEO Joe Ianniello — will be closely watc…
will be brought together again. In her role as president of NAI, she has overhauled the boards of Viacom and CBS during the past three years out of a desire to bring more experienced media business leaders to boards that were seen as having become too cozy with former CBS CEO Moonves and former Viacom leader Philippe Dauman. Critics say Redstone has packed the panels with like-minded people who will support her vision of reuniting CBS and Viacom.
If there are credible legal challenges, the Delaware courts will be the most important arbiter, according to Charles Elson, director of the John L. Weinberg Center for Corporate Governance at University of Delaware. CBS and Viacom are both incorporated in Delaware. “When a Delaware court looks at these things they usually do some kind of analysis as to the fairness of the transaction to both groups of the company’s shareholders,” Elson says. “The court will look at the voting patterns among the minority shareholders and whether they got a majority of the minority shareholders.”
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
CBS Is Planning Offer for Sister Company ViacomCBS is preparing to make an offer for sister media company Viacom in the coming weeks, following a meeting of CBS directors last week in which a potential deal was discussed.
Consulte Mais informação »
CBS Television Stations Names Jay Howell President And GM Of Its LA PropertiesVeteran TV stations executive Jay Howell has been named president and General Manager of the CBS Television Stations’ Los Angeles properties, KCBS-TV, KCAL-TV, CBSLA.com and the newly launched stre…
Consulte Mais informação »
U.S. settles antitrust charges with Fox, CBS, Scripps, Cox, TegnaThe U.S. Justice Department said on Monday it had settled antitrust charges with...
Consulte Mais informação »
After CBS #MeToo Reckoning, Anchor Norah O’Donnell Says This Is ‘Century Of Women’Amidst the turbulence of the MeToo reckoning, Norah O'Donnell was named lead anchor of “CBS Evening News.” She's the third woman ever to solo anchor the nightly news on a major network.
Consulte Mais informação »
After CBS #MeToo Reckoning, Anchor Norah O’Donnell Says This Is ‘Century Of Women’Amidst the turbulence of the MeToo reckoning, Norah O'Donnell was named lead anchor of “CBS Evening News.” She's the third woman ever to solo anchor the nightly news on a major network.
Consulte Mais informação »
People call out CBS News for 'misogyny' after tweet about soccer star Julie Ertz: 'She has a name'U.S women's soccer star Julie Ertz's NFL husband, Zach Ertz, is stealing the USWNT star's spotlight in a CBS News tweet.
Consulte Mais informação »