HALISTER: Viacom CEO Dauman Said to Be Ousted From Viacom Board: Reuters

Viacom CEO Dauman Said to Be Ousted From Viacom Board: Reuters

(Bloomberg) -- Controlling shareholder Sumner Redstone removes 5 of Viacom’s directors, including CEO Philippe Dauman, from the co’s board, Reuters reports, citing 2 unidentified people familiar.
  • Redstone’s privately held movie company, National Amusements, filed with a Delaware Court to approve that the changes are legal
  • NOTE: Yesterday, Sumner Redstone Says He No Longer Trusts Viacom CEO or Board
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
VIAB US (Viacom Inc)
2341170Z US (National Amusements Inc)

People
Philippe Dauman (Viacom Inc)
Sumner Redstone (National Amusements Inc)

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