Re/code -
17 May 2018 18:43
CBS is afraid that Redstone wants to merge CBS with Viacom. It was a battle of the media titans, and Les Moonves lost -- for now. The chief executive of CBS, who just yesterday received a standing ovation from advertisers at the broadcaster's upfronts presentation at Carnegie Hall, failed to convince a judge it was in CBS's best interests to remove Shari Redstone's control over the company. The ball is now in Redstone's court, and we lay out her options below. First, some quick background: On Mo...
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