Redstone Said to Oust Viacom CEO, Director From Trust: Fortune
Source: BFW (Bloomberg First Word)
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VIAB US (Viacom Inc)
CBS US (CBS Corp)
1141L US (Orrick Herrington & Sutcliffe LLP)
People
Philippe Dauman (Viacom Inc)
Sumner Redstone (National Amusements Inc)
George Abrams (Winer & Abrams)
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UUID: 7947283
(Bloomberg) -- Sumner Redstone ousted Viacom CEO Philippe Dauman and director George Abrams as trustees of the entity that will assume voting control of Viacom and CBS upon Redstone’s death or incapacity, Fortune reports, citing 2 unidentified people familiar with the matter.
Alert: HALISTER- Michael Tu, an attorney at Orrick, Herrington & Sutcliffe law firm, who was identified as working on the action taken Friday night, declined to comment: Fortune
- A spokesman for Dauman called the steps “invalid and illegal": Fortune
Source: BFW (Bloomberg First Word)
Tickers
VIAB US (Viacom Inc)
CBS US (CBS Corp)
1141L US (Orrick Herrington & Sutcliffe LLP)
People
Philippe Dauman (Viacom Inc)
Sumner Redstone (National Amusements Inc)
George Abrams (Winer & Abrams)
To de-activate this alert, click here
UUID: 7947283