Friday, 4 May 2018

Exclusive - Redstone makes concessions on Viacom CEO in bid to clinch CBS deal: sources

(Reuters) - Shari Redstone, the media heiress whose family controls CBS Corp and Viacom Inc , has offered CBS CEO Leslie Moonves to drop her demands for Viacom CEO Bob Bakish to be his No. 2 following a merger, as long as Bakish sits on the combined company's board, people familiar with the matter said on Friday.


from Reuters: Top News http://uk.reuters.com/article/uk-viacom-cbs-m-a-exclusive/exclusive-redstone-makes-concessions-on-viacom-ceo-in-bid-to-clinch-cbs-deal-sources-idUKKBN1I52DI?feedType=RSS&feedName=topNews

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