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CBS Corp (CBS.N)

CBS.N on New York Stock Exchange

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21 May 2018
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Fri, May 18 2018

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CBS votes to end Redstone control but must take battle to court

CBS Corp’s board on Thursday voted to end Shari Redstone’s control of the media company, but the move will not take effect unless a Delaware judge sides with CBS in its litigation to stop a potential merger with Viacom Inc . | Video

UPDATE 7-CBS votes to end Redstone control but must take battle to court

May 17 CBS Corp’s board on Thursday voted to end Shari Redstone’s control of the media company, but the move will not take effect unless a Delaware judge sides with CBS in its litigation to stop a potential merger with Viacom Inc .

CBS board approves special dividend, decision subject to court approval

LOS ANGELES CBS Corp said on Thursday its board had approved a special dividend that would dilute controlling shareholder Shari Redstone's stake in the U.S. media company to about 20 percent if the move is approved by a Delaware court.

CBS board approves special dividend, decision subject to court approval

LOS ANGELES, May 17 CBS Corp said on Thursday its board had approved a special dividend that would dilute controlling shareholder Shari Redstone's stake in the U.S. media company to about 20 percent if the move is approved by a Delaware court.

CBS to challenge National Amusements' move to change bylaws: sources

CBS Corp plans to challenge National Amusements Inc's move on Wednesday to change its bylaws requiring a super majority vote to issue a dividend, two sources told Reuters on Thursday.

REFILE-CBS to challenge National Amusements' move to change bylaws-sources

May 17 CBS Corp plans to challenge National Amusements Inc's move on Wednesday to change its bylaws requiring a super majority vote to issue a dividend, two sources told Reuters on Thursday.

Delaware judge rules for National Amusements in CBS dispute

WILMINGTON, Del, May 17 A Delaware judge ordered on Thursday the lifting of a temporary restraining order that he issued on Wednesday to prevent National Amusements Inc, owned by the Redstone family, from interfering with the board of CBS Corp .

Judge halts spiraling Redstone-CBS dispute, to issue ruling Thursday

A Delaware judge on Wednesday essentially called a time out in the escalating feud between the board of CBS Corp and its controlling shareholder National Amusements Inc, owned by the Redstone family, which wants to merge it with Viacom Inc .

UPDATE 6-Judge halts spiraling Redstone-CBS dispute, to issue ruling Thursday

May 16 A Delaware judge on Wednesday essentially called a time out in the escalating feud between the board of CBS Corp and its controlling shareholder National Amusements Inc, owned by the Redstone family, which wants to merge it with Viacom Inc.

Redstone family says special CBS dividend would be invalid

May 16 National Amusements Inc, the movie theater company owned by the Redstone family that controls CBS Corp and Viacom Inc, said in a court filing on Wednesday that a proposed CBS dividend diluting its voting power would be invalid.

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